Many Mutual Funds Charge a Commission Every Time Shares Are

question 74

Multiple Choice

Many mutual funds charge a commission every time shares are purchased by investors. These are called

• A) Load funds.
• B) Closed-end funds.
• C) Exchange-traded funds.
• D) Net asset value funds.
• E) Open-end funds.

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Definitions:

Schedule of Reinforcement

refers to the strategy for timing and application of rewards to encourage or strengthen desired behaviors in behavioral psychology.

Contingent Reinforcement

A type of conditioning in which a reward or punishment (the reinforcement) is given only after the desired response or behavior occurs, making it contingent on the behavior.

Sales Goals

Targets set by a business or sales team to achieve a specific amount of sales revenue within a certain timeframe.

Secondary Reinforcers

Stimuli which become reinforcing through their association with a primary reinforcer, not inherently rewarding themselves.