Which of the Following Is Categorized as an "Alternative Asset

question 8

Multiple Choice

Which of the following is categorized as an "alternative asset"?

• A)Hedge fund
• B)Exchange-traded fund
• C)Close-ended fund
• D)Real estate investment trust

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Definitions:

Flexible Exchange-rate

A currency system where the value of a currency is allowed to fluctuate according to the foreign exchange market without direct intervention by the country's government.

European Euro

The official currency of the eurozone, which is used by many of the European Union's member states as their primary currency.

U.S. Dollar

The sanctioned monetary unit of the United States, commonly employed worldwide as a reference and reserve currency.

Fixed Exchange-rate System

A currency value regime where a country's currency is pegged at a set value to another currency, a basket of currencies, or a commodity like gold.