Which of the Following Statements Is Correct

question 114

Multiple Choice

Which of the following statements is correct?

• A)A large,well-known corporation such as Intel generally would use financial intermediation to finance expansion of its facilities.
• B)On average,managed funds outperform indexed funds.
• C)Unlike corporate bonds and stocks,checking accounts are a medium of exchange.
• D)A mutual fund is a financial market.

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Definitions:

Equality

The state or quality of being equal, especially regarding status, rights, and opportunities without discrimination on any basis.

Gini Coefficient

A measure of income distribution within a population, ranging from 0 (perfect equality) to 1 (perfect inequality).

Wealth Distribution

The manner in which wealth is divided among individuals or groups within a society.

Income Level

A measure of the amount of money earned by an individual or household, often used to identify economic status or class.