Joseph Carter Is Buying Shares in a Mutual Fund That

question 3

Multiple Choice

Joseph Carter is buying shares in a mutual fund that is investing in stocks all over the world,including the United States.What type of mutual fund is this?

• A)Aggressive-growth fund
• B)Equity income fund
• C)Global fund
• D)International fund
• E)Regional fund

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Definitions:

Subsidy

A financial contribution by a government that confers a benefit on a specific industry or enterprise.

Government Financial Contribution

Financial support provided by the government to organizations, individuals, or sectors through grants, subsidies, or other fiscal measures.

Specific Industry

A distinct sector of the economy focused on a particular category of products or services.

Ratification

The formal approval of an agreement or act, making it officially valid.