You Have $10 000 to Invest Now and Can Add

question 58

Multiple Choice

You have $10 000 to invest now and can add $550 a month,have a moderate risk profile,and would like to set these funds aside for retirement in 20 years.Your most appropriate option would be to

• A)put the money in a money market savings account.
• B)buy one-year GICs.
• C)invest in small cap mutual funds.
• D)invest in mutual funds managed by the asset allocation method.

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Definitions:

Water Users

Individuals or groups that utilize water resources for purposes such as agriculture, industry, or domestic use.

Marginal Social Benefit

The incremental value for society resulting from the creation of an additional unit of a good or service.

Marginal Social Cost

The comprehensive expense to society for producing an extra unit of a good or service, encompassing both individual costs and external ones.

Pollution

The introduction of contaminants into the natural environment, causing adverse change.