A Type of Investment That Combines and Invests the Funds

question 79

Multiple Choice

A type of investment that combines and invests the funds of many investors and manages it with a professional manager is called a(n)

• A)chequing account.
• B)securities exchange.
• C)guaranteed investment certificate.
• D)mutual fund.
• E)option fund.

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Definitions:

Just Noticeable Difference

The minimal change in a stimulus that can just barely be detected by an organism.

Groceries

Items of food and other household necessities that are purchased from a grocery store or supermarket.

Parcel

A package or bundle of items wrapped or boxed together, typically for shipping or delivery.

Constant Minimum Proportion

An unwavering, smallest fraction or amount of something in relation to a whole.