The Old Adage, "Don't Put All Your Eggs in One

question 210

Multiple Choice

The old adage, "Don't put all your eggs in one basket," is very similar to a modern bit of advice concerning financial matters:

• A)"Buy low-risk bonds."
• B)"Use a medium of exchange."
• C)"Diversify."
• D)"Intermediate."

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Definitions:

Congressional Committees

Smaller groups within the United States Congress, including the House of Representatives and the Senate, tasked with conducting hearings, examining and developing legislation, and performing legislative oversight in specific areas.

Privatization

The process of transferring ownership or control of a public sector enterprise or service to private sector individuals or companies.

Federal Budget

An annual financial statement presenting the government's proposed revenues and spending for the forthcoming fiscal year.

Private Sector

The part of the economy that is run by individuals and companies for profit and is not controlled by the state.