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An Exchange-Traded Fund Is Actively Managed by Professional Fund Managers

question 57

True/False

An exchange-traded fund is actively managed by professional fund managers and shares are traded on the floors of stock exchanges.


Definitions:

Defense Attorney

A lawyer specializing in the defense of individuals and companies charged with criminal activity.

Local Community

A group of people living in close proximity to one another who share common interests, characteristics, or goals.

Cognitive Psychologist

A professional who studies mental processes such as perception, thought, memory, and reasoning, to understand how people process and store information.

Availability Heuristic

A mental shortcut that relies on immediate examples that come to a person's mind when evaluating a specific topic, concept, method or decision.

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