The Spread Is the

question 49

Multiple Choice

The spread is the

• A) difference between the bid and ask prices
• B) commission charged by the broker
• C) difference between the purchase and sale prices
• D) difference between the commissions charged by full service and discount brokers

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Definitions:

Price Level

An indicator that measures the average of current prices across the entire spectrum of goods and services produced in the economy.

Unit Prices

The cost per unit of a product, which allows consumers to compare costs of products irrespective of their package quantities.

Inventories

Quantities of goods that are held by a company in anticipation of being sold or used in production processes.

Manufacturers

Entities or individuals that use raw materials, parts, and components to produce finished goods through various processes, machinery, and operations.