Explain how mutual funds are advantageous to small investors
Mutual funds offer their customers portfolios of various groups of domestic stocks, foreign stocks, and bonds. Small investors can easily put their money into these funds, thereby reducing the risks of owning individual stocks and ensuring that the overall market does not significantly outperform their portfolios. Mutual fund transactions can be carried out by telephone or over the Internet, and investors can also easily check on the past performance of the different funds and obtain other pertinent information.
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What is the relationship between the gross domestic product of a country and its gross national product?
What will be an ideal response?
For a normal good, a decrease in demand is caused by
A) a rise in income. B) a fall in income. C) a rise in price. D) a fall in price.
If the Fed changes the interest rate, there will be
a. a movement along the aggregate expenditure line followed by a shift in the line b. no movement along the aggregate expenditure line because the effect is on investment c. a shift in the aggregate supply curve d. an increase in the money supply e. a shift in the aggregate expenditure line
According to new trade theory, the dominance of the United States in the commercial jet aircraft industry is related to _____ mover advantages
Fill in the blank(s) with the appropriate word(s).