Characteristics of Mutual Funds Include Everything Except

question 73

Multiple Choice

Characteristics of mutual funds include everything except:

• A)different investors can pool their money.
• B)the money is invested in stable companies, with an objective of strong dividend income.
• C)funds not included in the mutual fund are placed in short-term T-bills to earn interest.
• D)the money is invested in stable companies' common stock.

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Definitions:

Steel

A strong, hard metal made of iron and carbon, and often other elements, used extensively in construction and manufacturing.

Domestic Quantity

The total amount of a good or service produced within a country's borders, available for consumption or export.

Supplied

Refers to the total amount of a good or service that is available to consumers in a market at a given price level.

CD-Rom Drives

Hardware devices used to read and sometimes write data to CD-ROM discs, prevalent in computing before cloud storage and USB.