A Fund Which Tracks the S&P 500 Would Best Be

question 95

Multiple Choice

A fund which tracks the S&P 500 would best be classified as which type of fund?

• A)sector
• B)global
• C)equity income
• D)index
• E)growth

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Definitions:

Consumer Price Index

A metric that calculates the mean fluctuation in costs over time for a collection of consumer goods and services, as paid by urban buyers.

Real Wages

The purchasing power of an individual's earnings, taking into account inflation, which determines the amount of goods and services that can be bought.

Base Year

A specific year against which the real value of economic indicators is measured, allowing for comparison over time.

Percentage Changed

The amount, expressed as a percentage, that a value has increased or decreased compared to a previous value.