All of the Following Are True with Regard to the Demand

question 32

Multiple Choice

All of the following are true with regard to the demand for financial advisers, except

• A) many people lack an understanding of personal finance.
• B) many people prefer to rely on advisers rather than making their own decision.
• C) many people are just not interested in making their own financial decisions.
• D) only financial advisers can purchase mutual funds for a person's 401(k).

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Definitions:

Values

The importance or worth that people attach to different things, ranging from material goods to principles and ethical standards.

Acres

A measurement unit used primarily in the United States, equal to 43,560 square feet, often used to describe the size of land.

Allocation of Land

The process of distributing land resources among competing uses or users according to certain criteria, policies, or plans.

Taxes

Compulsory financial charges or levies imposed by a government on individuals, businesses, or transactions to fund public services and infrastructure.