MATCHING
Complete the following using the terms listed.
-The financial market where firms and governments issue securities and sell them initially to the general public is called the ____________.
A)bonds
B)Commercial banks
C)Nasdaq
D)Credit unions
E)financial system
F)call provision
G)insider trading
H)Federal Open Markets Committee (FOMC)
I)Securities
J)New York Stock Exchange
K)Online banking
L)limit order
M)debentures
N)primary market
O)net savers

Question

Quizplus · Accepted Answer

The primary market is where firms and governments issue securities and sell them initially to the general public.

Answer: I 
 Securities refer to any type of financial instrument that can be traded, such as stocks or bonds, and are issued by firms and governments on the primary market.

Answer: J 
 The New York Stock Exchange is a financial market where securities are traded after they have been issued on the primary market.

Answer: M 
 Debentures are a type of bond that is not secured by collateral and are issued by firms and governments on the primary market.

Answer: O 
 Net savers are individuals, businesses, and governments who have a surplus of funds that they save and invest in the financial system, including securities on the primary and secondary markets.

MATCHING Complete the Following Using the Terms Listed