Which of the following statements is correct?
a. money markets are markets for long-term debt and common stocks.
b. a liquid security is a security whose value is derived from the price of some other "underlying" asset.
c. the nyse operates as an auction market, whereas nasdaq is an example of a dealer market.
d. while the distinctions are becoming blurred, investment banks generally specialize in lending money, whereas commercial banks generally companies raise capital from other parties.
e. money market mutual funds usually invest their money in a well-diversified portfolio of liquid common stocks.

Which of the following statements is CORRECT?

c.- The NYSE operates as an auction market, whereas NASDAQ is an example of a dealer market.

Explanation:

The New York Stock Exchange (NYSE) is one of the world's foremost auction markets.

The way opening and closing prices are set to continue to be based on supply and demand in a modern-day auction-style format.

due to the changes the federal reserve is making the unused reserves will impact the economy by them facing inflation. inflation is definfed as the increase in pricing of a good or service but the decline of the value of money used for purchasing those items. when the economy has a high inflation rate, they are subject to money loss and hurt on the economy.

answer; hazards;