Which of the Following Is a Financial Service That Pools

question 63

Multiple Choice

Which of the following is a financial service that pools its investors' funds to buy a selection of securities and provide professional investment management?

• A) a debenture
• B) a blue-chip investment
• C) a futures contract
• D) a mutual fund

Distinguish between absolute and comparative advantage.

Recognize how specialization based on comparative advantage benefits trading partners.

Determine which parties have a comparative or absolute advantage based on opportunity costs.

Understand the principles behind international trade and the gains from trade.

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Definitions:

Deleting

The act of removing data or records from a database or document, often irreversible.

Time Tracking

The process of recording the amount of time spent on various tasks, often for billing or payroll purposes.

QuickBooks Menu

A list of options and tools within the QuickBooks software used for managing financial activities and business accounting.

Preferences

User-defined settings within a software application that customize its behavior or appearance to suit individual needs or tastes.