Multiple Choice
Which of the following is the best definition of a spot market?
A) A market in which a good is bought or sold with the idea that the price will increase in the future
B) A market in which a good is bought or sold with the hope that the price will decrease in the future
C) A market in which prices do not fluctuate up or down very easily
D) A market in which a good is bought or sold for immediate delivery or consumption
E) A market in which the good being traded is used to remove spots on clothes
Correct Answer:
Verified
Correct Answer:
Verified
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