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WAEC Economics 2016 Objective — Question 39

Question 39 of 50 from the West African Examinations Council (WAEC) Economics 2016 Objective paper, with the correct answer and a full explanation.

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39. The stock market is a market for (a) new and second hand shares (b) debentures (c) goods and services (d) short-term securities

  • A. new and second hand sharesCorrect
  • B. debentures
  • C. goods and services
  • D. short-term securities

Explanation

The stock market is the market where new and old (untold) stocks and shares are traded.

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