Which of the Following Is a Difference Between Full-Service Brokers

question 81

Multiple Choice

Which of the following is a difference between full-service brokers and discount brokers?

• A) Unlike full-service brokers, discount brokers offer the ability to buy and sell foreign securities.
• B) Discount brokers tend to charge significantly lower commissions than full-service brokers.
• C) Unlike full-service brokers, discount brokers provide trading advice in addition to carrying out the trade.
• D) Discount brokers provide a wider range of services than full-service brokers.

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Definitions:

Gross Private Domestic Investment

The total amount of money spent on investment in physical assets (such as buildings and machinery) by the private sector.

Government Spending

The total amount of money that the government expends on goods, services, and public projects to provide for citizens or stimulate the economy.

Aggregate Spending

The total spending in an economy on domestic goods and services, including consumption, investment, government expenditures, and net exports.

Net Exports

Net Exports is the value of a country's total exports minus its total imports, representing the net effect of foreign trade on the economy.