juliaduenkelsbu
22.05.2021 •
Business
#4
The spending multiplier effect does not result in a larger change in GDP.
O True
O False
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Ответ:
primary market
Explanation:
The primary market is where securities are created. It's in this market that firms sell (float) new stocks and bonds to the public for the first time. An initial public offering, or IPO, is an example of a primary market. These trades provide an opportunity for investors to buy securities from the bank that did the initial underwriting for a particular stock. An IPO occurs when a private company issues stock to the public for the first time.