Studies of Mutual Fund Performance Indicate That Mutual Funds That

question 24

Multiple Choice

Studies of mutual fund performance indicate that mutual funds that outperformed the market in one time period usually

• A)beat the market in the next time period.
• B)beat the market in the next two subsequent time periods.
• C)beat the market in the next three subsequent time periods.
• D)do not beat the market in the next time period.

---

Definitions:

Declarative Memory

The type of long-term memory that involves the capacity to recall factual information, experiences, and concepts.

Cerebral Cortex

The outer layer of the cerebrum in the brain, involved in high-level functions such as thought, memory, and consciousness.

Wernicke Area

A region of the brain that is essential for language comprehension, located in the temporal lobe.

Sensory Speech Area

A region in the brain, typically located in the temporal lobe, involved in processing and understanding spoken language.