No Load Mutual Funds​

question 4

Multiple Choice

No load mutual funds​

• A) ​have no selling fees
• B) pay no cash dividends​
• C) have no administrative expenses​
• D) have a fixed portfolio​

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Definitions:

Middle-Class Standard

A socio-economic status that represents a group of individuals who fall between the working class and the upper class within a society, typically characterized by moderate to high income, education, and an ability to afford a comfortable lifestyle.

Price Ceiling

A government-imposed limit on the price charged for a product, aimed at preventing prices from rising above a certain level.

Equilibrium Wage

The earnings rate at which the workforce offered balances the workforce demanded.

Binding

In economic terms, refers to a price floor or ceiling that is enforced and has an effect on the market, preventing it from reaching equilibrium.