1.Municipal bonds are sold by state and local governments.

A) True

B) False

2.Dual trading occurs when corporate stock can be bought or sold in either the money or capital market.

A) True

B) False

3.The global debt market is much larger than the global equity market.

A) True

B) False

4.Glass-Stegall separated investment banks from commercial banks.

A) True

B) False

5.Gramm-Leach-Bliley strengthened the legal authority of Glass-Steagall.

A) True

B) False