The Least Liquid of All the Types of Mutual Funds

question 45

Multiple Choice

The least liquid of all the types of mutual funds is __________________

• A)a balanced asset allocation fund
• B)a money market fund
• C)an equity or common stock fund
• D)a real estate mutual fund
• E)an ethical fund

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Definitions:

Fiscal Policy

Fiscal policy involves government adjustments to its spending levels and tax rates to influence a nation's economy, aiming to stimulate growth or curb inflation.

Aggregate Demand

The total demand for all goods and services within a particular market.

Wealth Effect

The wealth effect is the change in consumer spending and economic behavior resulting from changes in perceived wealth, typically due to asset price variations.

Aggregate-Demand Curve

A curve that represents the total demand for all goods and services in an economy at various price levels.