Advantages of Investing in Mutual Funds Include All of the Following

question 48

Multiple Choice

Advantages of investing in mutual funds include all of the following, except

• A) diversification of your investment.
• B) professional management.
• C) meeting specific investment goals.
• D) there is virtually no risk of loss.

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Definitions:

Price Ceiling

A legally imposed maximum price on goods or services, beyond which they cannot be sold.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price.

Surplus

A situation where the quantity supplied exceeds the quantity demanded, or when revenues exceed expenses.

Easily Stored

Refers to items or data that can be kept or archived with minimal effort or resources.