Which term describes an account you use to buy and sell stocks and funds?

• A. Full-Service Broker
• B. Asset Class
• C. Brokerage Account
• D. Inflation

Answer: (C)

Buying and selling stocks and funds happens through a brokerage account. This is an account you open with a broker or online trading platform that lets you place orders to buy and sell securities such as stocks, mutual funds, and ETFs. A full-service broker describes the level of service you receive, not the kind of account. An asset class is a category of investments, not an account. Inflation is the general rise in prices over time and isn’t related to how you trade. So the brokerage account is the right term because it directly refers to the account used to execute these trades.