Choose the Word or Phrase in [ ] Which Will

question 32

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-The market value of your mutual fund shares will move in the [same | opposite] direction as the market value of the underlying securities.

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Definitions:

Abstract Goal

An aim or objective that is not concrete or tangible but rather conceptual or theoretical in nature.

Concrete

Relating to tangible objects or specific things rather than ideas or abstract qualities.

Construal Level Theory

A psychological theory suggesting that the distance (temporal, spatial, social, or hypothetical) from an event affects our thinking about it, with more distant events considered in more abstract terms.

Term Paper

An extensive research paper written by students over an academic term, depicting their understanding and insights on a specified subject.