Which of the following is a similarity between a stock market and a labor market?
A)Both use a barter system to facilitate the exchange of products.
B)Both are composed of people who are unwilling to spend large sums of money for products or services.
C)Both are composed of people with specific wants that can be satisfied by particular product categories.
D)Both deal in selling high-end, consumer durable products.

Question

Quizplus · Accepted Answer

Both stock market and labor market are composed of people with specific wants that can be satisfied by particular product categories. In the stock market, people are looking for specific types of stocks to invest in, while in the labor market, employers are looking for specific types of employees with particular skill sets to fill their job vacancies.

Which of the Following Is a Similarity Between a Stock