James Gripka Has a Mutual Fund That Automatically Takes $50

question 90

Multiple Choice

James Gripka has a mutual fund that automatically takes $50 out of his paycheck each month.Which suggestion for obtaining the money he needs for investing is he following?

• A)Taking advantage of gifts, inheritance and other windfalls
• B)Taking advantage of employer-sponsored retirement programs
• C)Participating in an elective savings program
• D)Making a special effort once or twice a year to save
• E)Using financial leverage to increase investment returns

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Definitions:

Individualism

The principle or habit of being independent and self-reliant, often valued in Western cultures.

Constructivism

A philosophy of learning and understanding that posits knowledge is constructed by the learner based on their personal experiences and hypotheses about the world.

Structuralism/poststructuralism

Intellectual movements in philosophy and sociology focusing on human culture and psyche; structuralism emphasizes the overarching structures shaping human experience, while poststructuralism questions these structures’ stability and coherence.

Systemic Treatment Selection

The process of choosing interventions based on an understanding of the relationships, patterns, and dynamics within an individual's surrounding system.