Regarding the Relative Asset Size and Asset Growth Rate of Mutual

question 85

Multiple Choice

Regarding the relative asset size and asset growth rate of mutual fund sectors between 1980 and 2015,

• A)long-term funds had more assets at the end of 2015, but short-term funds had grown at a faster rate since 1980.
• B)long-term funds had more assets at the end of 2015, and long-term funds had grown at a faster rate since 1980.
• C)short-term funds had more assets at the end of 2015, but long-term funds had grown at a faster rate since 1980.
• D)short-term funds had more assets at the end of 2015, and short-term funds had grown at a faster rate since 1980.
• E)More than one of the above is correct.

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Definitions:

Initial Investment

The initial amount of money put into a project or venture at its inception.

Computer Equipment

Hardware used in the processing, storage, and display of data, including computers, servers, monitors, and related peripherals.

Accounting Records

Documentation and books that keep track of all financial transactions, assets, liabilities, income, and expenses of a business.

Accounting Equation

The fundamental equation stating that Assets = Liabilities + Owner's Equity, used as the basis for double-entry bookkeeping.