Which of the Following Investments Generally Reduces Pre-Tax Income

question 65

Multiple Choice

Which of the following investments generally reduces pre-tax income?

• A) Stocks
• B) Retirement account contributions
• C) Mutual funds
• D) Bonds

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Definitions:

Great Lakes

A group of five large interconnected freshwater lakes in North America that serve as a critical source of water, transportation, and recreation.

Goldfish

A common freshwater fish kept in aquariums, known for its bright orange color, which is descended from wild carp.

Sea Lamprey

An invasive, parasitic fish known for its detrital impact on native fish species in the Great Lakes and other fresh water environments.

Welland Canal

A ship canal in Canada, connecting Lake Ontario and Lake Erie, facilitating navigation and trade by bypassing Niagara Falls.