The Net Asset Value of a Mutual Fund Increases with

question 63

Multiple Choice

The net asset value of a mutual fund increases with

• A)higher stock prices
• B)lower stock prices
• C)larger number of shares
• D)increased liabilities

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Definitions:

Quantity Demanded

The total amount of a good or service consumers are willing and able to purchase at a given price.

Quantity Supplied

Quantity supplied refers to the amount of a good or service that producers are willing and able to sell at a given price over a specific period.

Rationing Gasoline

Rationing gasoline is a control measure where the government limits the amount of gasoline that consumers can purchase, usually in response to supply shortages.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a specific price level in a given time period.