THE GREAT DEPRESSION 1929 1940
THE GREAT DEPRESSION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The phrase “buying on margin” refers to a way of purchasing
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stock
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land
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consumer goods
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food
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Explanation:
Detailed explanation-1: -Buying on margin involves getting a loan from your brokerage and using the money from the loan to invest in more securities than you can buy with your available cash. Through margin buying, investors can amplify their returns-but only if their investments outperform the cost of the loan itself.
Detailed explanation-2: -Margin refers to the amount of equity an investor has in their brokerage account. “To margin” or “buying on margin” means to use money borrowed from a broker to purchase securities.
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