Open-End and Closed-End Investment Companies Are Similar in That Both

question 11

True/False

Open-end and closed-end investment companies are similar in that both companies will repurchase shares on demand.

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Definitions:

APS

Stands for Aggregate Planning Strategies, techniques used in business to match supply and demand by adjusting production rates, labor levels, and inventory.

MPC

The marginal propensity to consume, which is the proportion of any additional income that is spent on consumption rather than being saved.

MPS

Marginal Propensity to Save, which measures the proportion of additional income that households save rather than spend on consumption.

APS

The Average Propensity to Save, which is the proportion of income that households save rather than consume.