Question : Which of the following is not a type of financial market?
Option 1: Stock market
Option 2: Commodity market
Option 3: Housing market
Option 4: Labor market
Answer (1)
14th Jan, 2024
Correct Answer: Labor market
Solution : The correct answer is (d) Labor market.
The labor market is not considered a type of financial market. The labor market refers to the supply and demand for labor, where individuals seek employment opportunities and businesses seek to hire workers. It is primarily concerned with the exchange of human capital (skills, labor, and expertise) rather than financial assets.
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