Which Type of Mutual Fund Consists of Both Stocks and Bonds

question 105

Multiple Choice

Which type of mutual fund consists of both stocks and bonds with a combined objective of current income and long-term capital gains?

• A) equity-income
• B) balanced
• C) value
• D) bond

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Definitions:

Deregulated

Refers to the reduction or elimination of government power in a particular industry, usually to create more competition and increase efficiency.

Post Hoc

Post hoc, short for "post hoc ergo propter hoc," is a logical fallacy that assumes a cause-and-effect relationship simply because one event follows another.

Ergo Propter Hoc

A logical fallacy meaning "therefore, because of this," suggesting a cause-and-effect relationship where none exists.

Fallacy

A mistaken belief, especially one based on unsound arguments or logical errors.