Which of the Following During the Obama Administration Led to a Sizable

question 94

Multiple Choice

Which of the following during the Obama administration led to a sizable increase in federal regulation?

• A) the Pure Food and Drink Act
• B) Obamacare health reforms
• C) No Child Left Behind
• D) the New Deal
• E) the Great Society

Understand the basic types of mutual funds and their investment strategies.

Learn how to assess mutual fund safety and risk.

Recognize the importance of management, fees, and expense ratios in mutual fund selection.

Understand the benefits and principles of diversification in mutual funds.

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Definitions:

Dividend Yield

The annual dividend payment divided by the current market price of the stock, expressing the dividend as a percentage of the stock price.

Tax Deductible

Expenses that can be subtracted from gross income to reduce taxable income, ultimately decreasing the tax owed.

Dividends

Money distributed to shareholders by a corporation, usually from the company's profits.

Business Expense

Costs incurred in the ordinary course of business, including salaries, rent, and office supplies, among others.