Advantages of Exchange-Traded Funds Over Mutual Funds Include All of the Following

question 167

Multiple Choice

Advantages of exchange-traded funds over mutual funds include all of the following except

• A)lower overhead expenses.
• B)lower capital gains tax.
• C)lower expense ratio.
• D)better diversification.
• E)longer time horizon.

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Definitions:

Location-Specific Human Capital

Skills and knowledge that are valuable and relevant to a particular geographic location and its economic or cultural context.

Routine Tasks

Tasks that are performed on a regular, standard schedule, often characterized by their repetitive nature and requiring minimal creativity.

Target Market

A specific group of consumers at which a company aims its products and services.

Employee Training

Programs and activities designed to develop skills and competencies of employees to improve job performance.