Which Is True

question 45

Multiple Choice

Which is true?

• A) If you meet certain requirements such as age and income you are entitled to specific benefits from the government.
• B) From past experience the federal government is able to set an exact figure in advance on how much entitlement programs will cost.
• C) Entitlement programs make up a rather small portion of the federal budget.
• D) Most Americans are not affected by entitlement programs.
• E) All of the above are true.

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Definitions:

Balanced Funds

Mutual funds that invest in a mix of asset classes, typically stocks and bonds, to provide a balance between risk and return.

Unit Investment Trust

An investment company that offers a fixed portfolio of securities in a one-time public offering, and is structured to provide a specific investment objective.

Net Asset Value

The total value of a fund's assets minus its liabilities, often used to calculate the price of a share in a mutual fund or an ETF.

Open Market

A market where goods, services, and financial instruments are traded freely, with prices determined by supply and demand.