Examlex
Requiring firms to interconnect with competitors leads to _____ competition and _____ deadweight loss.
Bid-ask Spread
The difference between the highest price that buyers are willing to pay for an asset (bid) and the lowest price that sellers are willing to accept (ask).
Broker Fee
Fees charged by a broker for the services they provide, such as executing trades or providing investment advice.
NAV
Net Asset Value; the per share market value of a fund's assets minus its liabilities.
Equity Funds
Investment funds that predominantly hold stocks or equities in their portfolios.
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