A Mutual Fund

question 135

Multiple Choice

A mutual fund:

• A) always includes a base year.
• B) owns a diversified portfolio.
• C) always earns a profit.
• D) offers a lower rate of return for any given level of risk.

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Definitions:

Per-Unit Costs

The cost incurred to produce, manufacture, or acquire a single unit of a product or service.

Decrease

A reduction in size, quantity, or importance of something.

Technological Advancements

Progress in technology which results in new inventions and innovations that can improve the efficiency and productivity of systems.

Worker Productivity

Refers to the amount of goods and services that a worker produces in a given amount of time.