Which of the Following Statements Is NOT Correct

question 62

Multiple Choice

Which of the following statements is NOT correct?

• A)Exchange-traded funds (ETFs)are designed to mimic particular stock indexes and are traded on a stock exchange.
• B)ETFs have very high expense ratios.
• C)ETFs differ from most open-end and closed-end funds in that they are not actively managed.
• D)One disadvantage of ETFs is that each purchase of additional shares must be done through the exchange where they are traded.

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Definitions:

Biopsychosocial Model

A holistic approach to understanding human health and illness that considers biological, psychological, and social factors.

Disease Outcomes

The results or consequences of managing and treating a disease, including recovery, complications, and mortality.

Sociological Factors

Components within society, such as family, education, and social norms, that influence an individual's behavior, actions, and perceptions.

Clinical Health Psychologists

Professionals who specialize in understanding the psychological and behavioral processes in health, illness, and healthcare, aiming to improve patient outcomes and promote health and wellness.