I assume you're talking about PPC because broad vs exact match doesn't really make sense from an SEO perspective: you can only optimize a site for the exact phrasing you use on the site and hope SE's match it with broader phrases.
Whats striking is the large difference here between the broad and exact volume of searches.
- 33,000 for broad phrase is somewhere in the middle of the curve. Its not highly trafficked, but its nothing to sneeze at either.
- 500 for exact phrase match is very low.
The difference means that the exact phrase you chose isn't what most people are searching for, even though the topic is mid-sized volume wise. You'll want to try using keyword research tools to find the phrases people are using for this topic.
In terms of getting an idea of how big the keyword is, compare it to others that you've had success with. Its all very relative because some companies will have an easy time capturing large popular keywords that a company with a smaller budget couldn't touch,
There was a trick in the Geddes adwords book that talked about finding related keywords and I can't for the life of me remember his tactic. It had to do with using operators in regular searches. Anyone remember that?