Marcie Is Seeking Interest Income but Wants to Ensure That

question 41

Multiple Choice

Marcie is seeking interest income but wants to ensure that her investment is as safe as possible.Which type of mutual fund best fits her requirements?

• A)Junk bond fund
• B)Intermediate corporate bond fund
• C)Growth fund
• D)Short-term government bond
• E)World bond fund

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Definitions:

Marginal Utility

The supplementary satisfaction or benefit obtained from using an additional unit of a product or service.

Utility Maximization

An economic principle that suggests consumers aim to get the greatest satisfaction possible from their available resources.

Consumer's First

A philosophy or policy placing consumer interests and satisfaction at the forefront of business decision-making.

Marginal Utility-To-Price Ratio

The comparison of the additional satisfaction received from consuming one more unit of a good to the price of that unit, used to maximize utility.