You Are Standing on Earth's Equator

question 59

Multiple Choice

You are standing on Earth's equator. Which way is Polaris, the North star?

• A)directly overhead
• B)30 degrees up, due West
• C)on the northern horizon
• D)The answer depends on whether it's winter or summer.
• E)The answer depends on what time of day (or night)it is.

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Definitions:

ETFs

Exchange-Traded Funds, investment funds traded on stock exchanges, much like stocks, typically tracking an index, commodity, bonds, or a mix of investment types.

12b-1 Fee

A fee that mutual funds may charge their shareholders for marketing, distribution, and service expenses.

Class A

Refers to a classification of shares that might have more voting rights or higher dividends than Class B or other classes.

Class B

Typically refers to a classification of shares or assets that have certain characteristics or rights different from Class A shares, often with fewer voting rights.