The Difference Between an Agent and a Broker Is That

question 74

Multiple Choice

The difference between an agent and a broker is that an agent

• A)seeks profit,whereas a broker does not.
• B)is an intermediary,whereas a broker is not.
• C)represents the seller and a broker represents the buyer.
• D)determines who the consumers are,whereas the broker does not determine the customers.
• E)usually represents people on a permanent basis,whereas a broker usually does so on a temporary basis.

Differentiate between extranets, intranets, and the Internet in terms of their scope and usage.

Understand the various types of portals and their specific functionalities.

Grasp the basics of IP addressing, including IPv4 and IPv6.

Comprehend the significance and the main components of the Internet and World Wide Web.

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Definitions:

Gini Coefficient

A measure used to express the distribution of income or wealth within a population, indicating inequality levels.

Wealth

Wealth represents the abundance of valuable financial assets or material possessions, which can be accumulated, saved, and invested over time to increase an individual's or entity's financial security and economic standing.

Open Market Operations

Operations by a central bank to buy or sell government bonds, corporate bonds, or equities.

Central Bank

A major financial institution responsible for overseeing the monetary system of a nation or group of nations, controlling inflation, issuing currency, and setting interest rates.