A Mutual Fund Is an Institution That

question 34

Multiple Choice

A mutual fund is an institution that:

• A)holds a diversified set of assets and sells shares to savers.
• B)holds a diversified set of assets and buys shares directly from the government.
• C)holds a single share and sells shares to savers.
• D)buys physical capital for investors.

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Definitions:

Ground Water

Water held underground in the soil or in pores and crevices in rock.

Equilibrium

A state in a chemical reaction where the rates of the forward and reverse reactions are equal, leading to no net change in the concentration of reactants and products.

Arsenopyrite

A metallic gray, natural mineral compound of arsenic, iron, and sulfur, often associated with the occurrence of gold.

Formula

A concise way of expressing information symbolically, as in a mathematical or chemical formula representing the composition of substances.