Examlex
Which of the following is a topic NOT directly under macroeconomics?
Leverage
The use of borrowed funds to enhance the potential return of an investment.
Transaction Costs
Expenses incurred when buying or selling securities, including broker fees, commissions, and other charges that affect the profitability of investments.
Forward Contracts
Non-standardized contracts between two parties to buy or sell an asset at a specified future time at a price agreed upon today.
Organized Exchange
A regulated marketplace for the trading of securities, commodities, derivatives, and other financial instruments.
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