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:

Jnd

Stands for Just Noticeable Difference, the minimal change in a stimulus that can just barely be detected by an organism.

Weber Fraction

A concept in psychophysics that describes the proportionate relationship between the magnitude of a physical stimulus and its perceptible increment needed to detect a difference.

Psychological Magnitude

The perceived size, intensity, or importance of a psychological process or stimulus, often related to how individuals assess and experience various psychological phenomena.

Physical Intensity

The magnitude or strength of a physical quantity or phenomena, such as light, sound, or exercise.