Securities exchanges create efficient markets that do all of the following EXCEPT
A. ensure a market in which the price reflects the true value of the security.
B. allocate funds to the most productive uses.
C. control the supply and demand for securities through price.
D. allow the price to be determined by supply and demand of securities.
Answer:C
Securities exchanges create efficient markets that do all of the following EXCEPT
A. ensure a market in which the price reflects the true value of the security. B. allocate funds to the most productive uses. C. control the supply and demand for securities through price. D. allow the price to be determined by supply and demand of securities.