Exchange Traded Funds

question 17

Multiple Choice

Exchange traded funds

• A) are exactly the same as index mutual funds.
• B) can be bought and sold like common stocks.
• C) cannot be sold short.
• D) have a high management fee.
• E) cannot be timed for capital gain tax realizations.

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Definitions:

Fully And Efficiently

A condition where resources are allocated in a way that maximizes productivity and minimizes waste or inefficiency.

Division Of Labor

Allocating distinct sections of a manufacturing operation or duty to various people to boost efficiency.

Assembly Process

The stage in manufacturing where components are put together to create a final product.

Production Possibilities Frontier

A curve depicting all maximum output possibilities for two or more goods given a set of inputs, including resources and technology.