Forty or so dealers establish a "market" in these securities by standing ready to buy and sell them.

Question

Quizplus · Accepted Answer

The term "securities" usually refers to financial instruments like stocks and bonds. Here, the given securities are said to be "established" in a market by dealers who buy and sell them, indicating that they are already in circulation. Of the given options, only U.S. government bonds are actively traded by dealers in a market. Common stocks can also be traded in a similar manner but are typically known as equity securities rather than just securities. Consequently, option C - U.S. government bonds - is the best choice for this question.

Forty or So Dealers Establish a "Market" in These Securities