Which of the Following Statements Is False

question 33

Multiple Choice

Which of the following statements is false?

• A)Market timers charge 1 1/2 percent to 3 percent of the dollar value of the funds they manage.
• B)Early research indicates that market timers must be evaluated as a group.
• C)Since market timers offer a relatively new service, it is hard to evaluate long-term performance.
• D)The true test of market timers is the ability to increase the investor's return during good times and keep that return during bad times.
• E)A market timer helps investors decide when to switch from one fund to another.

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Definitions:

Meritocratic

Pertaining to or supporting the principle of meritocracy, where individuals' social status and mobility are based on their abilities and achievements rather than inherited privilege.

Social Stratification

The hierarchical arrangement of individuals or groups in a society based on wealth, power, prestige, or other criteria.

Marx

Refers to Karl Marx, a 19th-century philosopher and economist known for his critique of capitalism and the theory of historical materialism.

Weber

A reference to Max Weber, a German sociologist, philosopher, and political economist known for his theories on the structure of society.