Jan Murphy Is in Her Early 30s and Would Like

question 20

Multiple Choice

Jan Murphy is in her early 30s and would like some help choosing an investment that will grow over the next 10 years.Which of the following investments would you recommend for growth?

• A) Savings accounts
• B) Corporate bonds
• C) Municipal bonds
• D) Common stock
• E) Government bonds

---

Definitions:

Indifference Curves

Graphical representations in economics that show different bundles of goods between which a consumer is indifferent, meaning that the consumer has no preference for one bundle over another.

Concave

A shape or curve that is curved inward, resembling the interior of a circle or sphere, often used in the context of economic functions.

Tangency

A point at which two lines or curves meet without intersecting, often used in economics to find points of optimization, such as in budget constraints or indifference curves.

Budget Line

A visual diagram showing every potential mix of two products that can be bought given specific income levels and price points.