The Type of Investment That Combines and Invests the Funds

question 57

Multiple Choice

The type of investment that combines and invests the funds of many individual investors under the guidance of professional managers is called a:

• A)GIC account.
• B)securities exchange.
• C)prospectus.
• D)mutual fund.

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Definitions:

iTunes Download

A digital file, such as music or a movie, purchased and downloaded from Apple's iTunes platform.

Marginal Benefit

The increase in satisfaction or usefulness gained from the consumption of an additional unit of a good or service.

Marginal Cost

The expense associated with manufacturing an extra unit of a product or service.

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Outdoor lighting installed along streets and in public areas to provide illumination during the night for visibility and safety.