Nathan Fuller Is Buying Shares in a Mutual Fund That

question 23

Multiple Choice

Nathan Fuller is buying shares in a mutual fund that invests in the same companies as those found in the Standard & Poor's 500.What type of mutual fund is he buying?

• A)Socially responsible fund
• B)Sector fund
• C)Small cap fund
• D)Index fund
• E)Growth fund

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Definitions:

Marginal Utility

The added satisfaction or utility that a consumer receives from consuming one additional unit of a good or service.

Turkey

A country located at the crossroads of Europe and Asia known for its historical heritage, or a domesticated bird often raised for its meat.

Mashed Potatoes

A dish commonly made by boiling and then mashing potatoes, often seasoned or mixed with milk and butter.

Exercise

Physical activity that is planned, structured, and repetitive for the purpose of conditioning any part of the body.