The Type of Mutual Fund That Primarily Engages in Market

question 62

Multiple Choice

The type of mutual fund that primarily engages in market timing is called ________.

• A) a sector fund
• B) an index fund
• C) an ETF
• D) an asset allocation fund

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Definitions:

Consumer Purchases

Transactions involving individuals buying goods and services for personal use from producers or vendors.

GDP

Gross Domestic Product; a measure of the economic performance of a country, representing the total value of all goods and services produced over a specific time period.

National Output

The total value of all goods and services produced by a country's economy over a specific time period, often used to measure economic performance.

Expenditure Approach

A method of calculating GDP that sums up all expenditures in the economy, including consumption, investment, government spending, and net exports.