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42 If stock exchanges did not exist, a. the risk to the investor of buying stocks would be much greater. b. the economy's resources could
42 If stock exchanges did not exist, a. the risk to the investor of buying stocks would be much greater. b. the economy's resources could be more efficiently allocated among firms. c. there would be no organized way for firms to issue stock. d. investment banks would no longer play a role in handling stocks
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Microeconomics A Contemporary Introduction
Authors: William A. McEachern
9th edition
978-0538453714, 538453710, 978-1111415921
