A(n) ____ Is a Systematic Program Where an Investor Agrees

question 101

Multiple Choice

A(n) ____ is a systematic program where an investor agrees to invest a specific dollar amount periodically over a long time.

• A)asset allocation
• B)dollar-cost averaging plan
• C)accumulation plan
• D)active investment plan

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Definitions:

Quantity Demanded

The amount of a product or service consumers are willing to buy at a given price.

Demand Curve

A graphical representation showing how the quantity of a good or service demanded by consumers changes at different price levels.

Supply Curve

A graphical representation used in economics to show the relationship between the price of a good and the quantity of the good that suppliers are willing and able to supply at various prices.

Movement

A change or shift in position, location, or state, either physically, socially, economically, or politically.