An Index Fund

question 60

Multiple Choice

An index fund:

• A) Is a passively managed mutual fund
• B) Has higher trading costs than an actively managed mutual fund
• C) Has higher trading costs than a passively managed mutual fund
• D) Is an actively managed mutual fund

---

Definitions:

Working-Class

A social group consisting of people employed in lower-tier jobs, often involving manual labor and receiving lower pay.

Mass Schooling

The systematized education of large groups of individuals within a society, typically provided by the government or state at no immediate cost to the individual.

Hidden Curriculum

The subtle, unintended educational content that students absorb, consisting of values and perspectives, aside from the official curriculum.

Conflict Theorists

Scholars who focus on social, political, or material inequalities of a social group, analyzing the conflict between different groups within society.