Which of the Following Is True

question 38

Multiple Choice

Which of the following is true?

• A)More than 87 million individual Americans own mutual funds.
• B)Nearly half of all U.S.households own mutual funds.
• C)There are more than 12,000 mutual funds available.
• D)By the end of 2009,the combined value of assets held by mutual funds exceeded 12.2 trillion dollars.
• E)all of the other answers

---

Definitions:

Sherif's Research

Refers to the work of Muzafer Sherif, especially known for his studies on conformity, social norms, and the Robbers Cave experiment on intergroup conflict and cooperation.

Scientific Understanding

The comprehension of scientific concepts, theories, and empirical evidence derived from systematic observation, experimentation, and reasoning.

Cause and Effect

The relationship between events where one event is the result of the occurrence of the other, often used to establish a causal link in studies and research.

Ethical Responsibility

The moral obligation to act in accordance with ethical principles or standards, and consider the impact of one's actions on others and the environment.