WEBS Are

question 85

Multiple Choice

WEBS are

• A)World Equity Benchmark Shares.
• B)exchange-traded open-end country funds designed to closely track foreign stock market indexes.
• C)World Equity Benchmark Shares,and may be described as exchange-traded open-end country funds designed to closely track foreign stock market indexes.
• D)none of the options

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Definitions:

Welfare Program

Governmental provision of economic assistance to individuals in need, aiming to support those facing poverty, providing benefits such as food stamps or healthcare support.

Minimum Income

The least amount of earnings necessary for an individual or family to meet their basic needs for living.

Means-tested

A determination of whether an individual or family is eligible for government assistance based on their income and assets.

Redistribution Programs

Government policies designed to reduce economic inequality by redistributing income from wealthier segments of society to poorer ones.