A Mutual Fund That Seeks to Achieve a High Level

question 107

Multiple Choice

A mutual fund that seeks to achieve a high level of income and liquidity through investment in short-term money market instruments, such as T-bills, commercial paper, and short-term government bonds is __________________

• A)a balanced asset allocation fund
• B)a money market fund
• C)an equity or common stock fund
• D)a specialty fund
• E)an ethical fund

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Definitions:

Department Of Defense

A branch of the federal government responsible for coordinating and supervising all agencies and functions related to national security and the United States armed forces.

Research Project

A systematic investigation aimed at discovering new information or understanding existing facts more fully.

Quality Evolution

The continuous process of improvement and refinement of product or service quality over time.

World War II

A global conflict that lasted from 1939 to 1945, involving most of the world's nations and resulting in significant shifts in political and social structures.