A Hedge Fund

question 46

Multiple Choice

A hedge fund:

• A)may charge relatively high fees.
• B)must be registered if there are ten or more investors.
• C)is generally structured as a corporation.
• D)is limited to $1 million in assets.
• E)is complicated to legally establish.

---

Definitions:

Budget Constraint

Describes the combinations of goods and services that a consumer can purchase given their income and the prices of these goods and services.

House Prices

The monetary value assigned to residential properties, influenced by factors like location, size, and market conditions.

Endowment

An investment fund established by a foundation that makes consistent withdrawals from invested capital, often used by universities, nonprofits, and churches.

World Market

An international marketplace where goods, services, currencies, and other commodities are exchanged across borders.