Which of the Following Funds Is Used to Account for the External

question 33

Multiple Choice

Which of the following funds is used to account for the external portion of investment pools?

• A) Special Revenue Fund
• B) Investment Trust Fund
• C) Enterprise Fund
• D) Private-purpose Trust Fund

Understand the importance and purposes of studying economics.

Comprehend the concept of opportunity cost and its relevance in decision-making.

Identify the reasons opportunity costs arise due to the scarcity of resources.

Calculate the opportunity cost of attending college considering various financial aspects.

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Definitions:

Blanche K. Bruce

Blanche K. Bruce was an African American politician who served as a U.S. Senator from Mississippi during the Reconstruction era, becoming the first African American to serve a full term in the Senate.

Election of 1876

A highly contested U.S. presidential election that led to the Compromise of 1877, effectively ending Reconstruction and withdrawing federal troops from the South.

Rutherford Hayes

The 19th President of the United States (1877–1881), known for his efforts to reconcile the divisions left over from the Civil War and Reconstruction.

Reconstruction Policies

Refers to the strategies and laws implemented in the United States, particularly in the South, following the Civil War, aimed at reintegrating Confederate states and addressing the rights of freed slaves.