MOCK 51 的79题

following, likely, market, least

1. Which of the following is the least likely characteristic of a call market? A call market is a :
A. Primary market B. secondary market C. market in which buy-sell orders are cleared at a single equilibrium price.

答案给的是C，可是 call market 不应该是一个 equilibrium price 的吧？

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wake2000

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发表于 2013-8-18 12:23 | 只看该作者

A call market is least likely characterized as a market?
A. With bid-ask prices posted by dealer.
B. Where buy-sell orders are cleared at a single equilibrium price.
C. With participation by a small number of active investors-traders.
(B, In a call market traders/ investors indicate their bids and asks for stocks and they are not posted by dealer. Also, a call market is not a dealer or quote-driven market ,MOCK 70-82)

这两个题怎么好像矛盾呢，有谁能给解释一下么，不胜感激

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smuggycfa

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发表于 2013-8-18 12:24 | 只看该作者

这样看~好像是那个题答案是A~

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