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.

---

Definitions:

Persuasion

The act or process of influencing someone's beliefs, attitudes, or behaviors through argument, appeal, or reasoning.

Coercion

The practice of persuading someone to do something by using force or threats.

Manipulation

The act of controlling or influencing a person or situation cunningly or unfairly, often to serve one's own interests.

Cognitive Dissonance

A psychological phenomenon occurring when an individual experiences mental discomfort from holding two or more contradictory beliefs, values, or ideas simultaneously.