The Most Popular and Least Complicated Method of Purchasing Shares

question 87

Multiple Choice

The most popular and least complicated method of purchasing shares in an open-end mutual fund is through a:

• A)regular account transaction.
• B)voluntary savings plan.
• C)contractual savings plan.
• D)minimum withdrawal plan.
• E)free contract plan.

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Definitions:

Selfish Desires

Individual wants or motivations focused on personal gain, often at the expense of others.

Economizing Behavior

The process of seeking to achieve maximum utility for minimal expenditure, or making decisions that reflect an optimal allocation of resources.

Satisfaction

The feeling of pleasure or fulfillment that comes from meeting needs, desires, or expectations.

Least Cost

A principle or method aimed at minimizing the cost of achieving a specific production or economic objective.