The Fund Whose Main Objective Is Growth Is Known as A(n)____

question 59

Multiple Choice

The fund whose main objective is growth is known as a(n) ____ fund.

• A)balanced
• B)preferred stock
• C)money market
• D)index
• E)none of these

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Definitions:

Trading Volume

It denotes the total number of shares or contracts traded for a specific security or market during a given period.

Bubble

A situation where observed prices soar far higher than fundamentals and rational analysis would suggest.

Crash

A situation where market prices collapse significantly and suddenly.

Money Illusion

The tendency of people to think of currency in nominal, rather than real, terms, thereby neglecting the effect of inflation on purchasing power.