What Functions Do Mutual Funds Perform for the Public

question 39

Multiple Choice

What functions do mutual funds perform for the public?

• A)They acquire and pool funds from the public.
• B)They invest the funds in capital market instruments.
• C)They return the income received minus a management fee.
• D)All of the above are functions of mutual funds.

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Definitions:

Trade Union Radicals

Member or faction within a labor union that advocates for fundamental changes in the workplace and society, often focusing on radical or leftist ideologies.

Economic Growth

An increase in the production of goods and services in an economy over a period of time, typically measured by changes in real GDP.

Population Decline

A decrease in the number of people in a population due to factors such as lower birth rates, higher death rates, or migration.

Technology

The application of scientific knowledge for practical purposes, especially in industry and in the development of innovations.