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Which of the following statements is TRUE? Question content area bottom Part 1 ...

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Question

Finance

Which of the following statements is TRUE?

Question content area bottom

Part 1

A.

The ask price is the price at which a dealer is willing to sell, and the bid price is the price at which a dealer is willing to buy.

B.

The dealers of stock are not allowed to make money on the difference between what they buy the stock for and what they sell it for.

C.

A bull market is a prolonged declining market, one in which stock prices in general are decreasing.

D.

A bear market is a prolonged rising market, one in which stock prices in general are increasing.

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