Matt Jackson Is Single and 24

question 48

Multiple Choice

Matt Jackson is single and 24. He has just graduated from college and obtained a job making $26,400 a year. Which one of the following investments would you recommend for his long-term investment program?

• A) Corporate bonds
• B) Government bonds
• C) Growth stocks
• D) Commodities
• E) Money-market fund

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Definitions:

Machiavellianism

A personality trait characterized by a manipulative, deceitful, and exploitative approach to interpersonal relationships and the pursuit of personal goals.

Networking

The practice of building, maintaining, and utilizing contacts and connections in professional or social spheres to gain information, resources, or support.

Non-substitutability

The quality of being irreplaceable or not easily replaced due to unique attributes or circumstances.

Strike

A work stoppage caused by the mass refusal of employees to work, usually in protest against working conditions, pay or benefits.