A Fund That Has a Fixed Number of Shares Outstanding

question 11

Multiple Choice

A fund that has a fixed number of shares outstanding and is traded on an exchange is called a(n)

• A)open-end mutual fund.
• B)hybrid fund.
• C)market timing fund.
• D)index fund.
• E)closed-end fund.

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Definitions:

Token Economy

A behavioral therapy method that involves rewarding desired behaviors with tokens that can be exchanged for various privileges or treats.

Operant-conditioning

A learning process through which the strength of a behavior is modified by reward or punishment.

Humanistic-existential

A psychological approach focusing on individual experience, personal growth, and the inherent meaning of life.

Rational-emotive

A form of psychotherapy that identifies and challenges irrational beliefs, emphasizing a connection between rational thinking and emotional well-being.