Existing Shares of Closed-End Mutual Fund Companies Are Purchased

question 31

Multiple Choice

Existing shares of closed-end mutual fund companies are purchased

• A) from the investment company directly.
• B) from the investment company through a broker.
• C) from other investors in the stock market.
• D) from a bank.

---

Definitions:

Flooding

An overflow of water onto land that is normally dry, often caused by heavy rain, melting snow, or breach in water containment structures, leading to potential damage to property and risks to health.

Barter Economy

An economic system where goods and services are exchanged directly for other goods and services without the use of money as a medium of exchange.

Five Fundamental Questions

Key economic questions addressing what to produce, how to produce, for whom to produce, who owns and controls resources, and how to provide for growth and innovation.