You Want to Purchase Shares in a Fund and Also

question 67

Multiple Choice

You want to purchase shares in a fund and also ensure that your money does not support firms that harm the environment.Which type of fund should you purchase?

• A) international fund
• B) income fund
• C) tax-managed fund
• D) index fund
• E) social conscience fund

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Definitions:

Income

The financial gain earned or received by an individual or entity, usually through work, investments, or business operations.

Nuts

Hard-shelled seeds of certain plants that are edible and often rich in nutrients such as fats, proteins, and carbohydrates.

Homothetic Preferences

Preferences where if a consumer prefers a bundle of goods A to B, they will also prefer a proportional scaling of A to the same proportional scaling of B, indicating consistent patterns of consumption regardless of income level.

Income

Earnings accumulated, often on a consistent schedule, from employment or investment gains.