The Largest Proportion of Long-Term Mutual Fund Assets Is Held

question 45

Multiple Choice

The largest proportion of long-term mutual fund assets is held by ________.

• A)bank trusts and estates
• B)the household sector
• C)nonfinancial corporate business
• D)private pension funds
• E)life insurance firms

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Definitions:

Adopted Children

Individuals who have been legally taken and raised by parents other than their biological parents, often resulting in unique psychological and social dynamics.

Biological Parents

The birth parents of a child, providing the genetic material through reproduction.

Identical Twins

Twins who develop from a single fertilized egg that splits into two, sharing 100% of their genes, and are thus genetically identical.

Twin Studies

Research studies that compare the similarity between monozygotic (identical) and dizygotic (fraternal) twins to assess genetic and environmental influences.