2.1

2.

If you currently own a stock, the ____ is the price you would be willing to sell it for

Bid

Ask

Equilibrium

IPO

What is "Total Demand"?

The total quantity that buyers would be willing to buy at a specific price

The total quantity sellers would be willing to sell at a given price

The price where supply equals demand

An "Efficient Equilibrium" requires

Buyers and sellers have full information on bids and asks

More sellers than buyers

More buyers than sellers

Quantity to be higher than zero

As the price goes up, the supply

Increases

Decreases

Depends on the Demand

A stock exchange

Sets the rules for trading and what information companies need to share with investors

Are usually run by the government to enforce trading laws

Is a place where regular investors gather to buy and sell stock

Takes deposits from investors to allow them to buy stock

Which of the following would NOT be in the master order book?

The names of individual investors who are buying stock

All current "bid" prices

All current "ask" prices

The most recent prices of trades

If you live in the United States, how could you buy Nintendo stock?

Over-The-Counter

NYSE

CBOE

CME

"Wall Street" got its name because

It was built next to a wall

James Wall, the founder of the stock exchange

Because it acted as a "wall" between rich investors and poor workers

Today's New York Stock Exchange began as a place where investors traded

Revolutionary war bonds

Civil war bonds

Railroad stocks

Tulips

Which of the following buildings has never been on Wall Street?

New York City Hall

Capital of the United States

New York Stock Exchange

Supreme Court

Which industry fueled the first massive boom of stock trading in New York?

Telecommunications (Telegraph)

Coal mining

Textiles

Railroads

The largest US options exchange is in which city?

New York

Boston

Chicago

Los Angeles