A Mutual Fund Pools Money from Many Customers and Invests

question 230

Multiple Choice

A mutual fund pools money from many customers and invests the money in many firms. The fees charged by fund managers are:

• A) lower in bond funds.
• B) higher in passive funds.
• C) lower in passive funds.
• D) higher in bond funds.

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Definitions:

Rejecting-neglecting

Describes a type of parenting style that is characterized by a lack of responsiveness to a child's needs.

Permissive-indulgent

A parenting style characterized by low demands with high responsiveness, where parents are indulgent and may not enforce consistent limits.

Authoritative Parenting

A parenting style that is high in both responsiveness and demandingness, combining support with clear and consistent rules.

Decentration

Simultaneous focusing on more than one aspect or dimension of a problem or situation.