Discount Brokers

question 111

Multiple Choice

Discount brokers

• A)are securities firms focused on providing research support for customers.
• B)conduct trades for customers but do not offer investment advice.
• C)allow customers to receive investment advice at very low rates.
• D)effect trades for customers on- or offline while offering investment advice.
• E)are electronic trading securities firms that allow customers to trade without the use of a broker.

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Definitions:

Bananas

A staple fruit globally known for its yellow peel and soft, sweet flesh, often grown in tropical regions.

Productive Resources

The inputs used in the production of goods and services, typically classified as land, labor, capital, and entrepreneurship.

Economists

Professionals who study, develop, and apply theories and concepts from economics and write about economic policy.

Utility

A measure of satisfaction or happiness that a consumer receives from consuming goods and services.