A Mutual Fund That Invests in Stocks and Bonds with the Primary

question 90

Multiple Choice

A mutual fund that invests in stocks and bonds with the primary objectives of conserving principal,providing income,and long-term growth is called a(n) ________ fund.

• A)balanced
• B)growth
• C)industry
• D)income
• E)money market

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Definitions:

Demand Schedule

A table that lists the quantity of a good a person will buy at different prices.

Demand Schedule

A table or graph showing the quantity of a product that consumers are willing and able to purchase at various prices over a specified period of time.

Law Of Demand

The principle that, other things equal, an increase in a product’s price will reduce the quantity of it demanded, and conversely for a decrease in price.

Price-Elasticity Coefficient

A numerical measure of the responsiveness of the quantity demanded or supplied of a good to a change in its price.