Use the Following Two Columns of Items to Answer the Matching

question 55

Short Answer

Use the following two columns of items to answer the matching questions below:
-full-service broker
A)purchasing stock with funds borrowed from a brokerage firm
B)an order to buy or sell at the prevailing market price
C)an order to sell a stock when the price falls to a specified level
D)a brokerage firm that provides advice plus transaction services
E)a brokerage firm that executes transactions without giving advice

• A)purchasing stock with funds borrowed from a brokerage firm
• B)an order to buy or sell at the prevailing market price
• C)an order to sell a stock when the price falls to a specified level
• D)a brokerage firm that provides advice plus transaction services
• E)a brokerage firm that executes transactions without giving advice

---

Definitions:

Government Borrowing

The process by which governments finance their expenditures by borrowing money, typically through issuing bonds.

Crowding-Out Effect

A situation where increased government spending leads to reduced investment by the private sector due to higher interest rates or other mechanisms.

Multiplier

The multiplier, in macroeconomics, quantifies how initial changes in spending lead to larger changes in income and output through various rounds of spending.

Discretionary Fiscal Policy

Government policies involving changes in taxation and spending levels, aimed at influencing economic conditions, including managing inflation, unemployment, and fostering economic growth.