The fees paid to a mutual fund manager is called:
a. fund fee.
b. service fee.
c. load.
d. dividend.
e. agency fee.
c
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Probably the most important source of efficiency in production is
A. investing in more capital goods. B. consuming rationally. C. expanding the production possibilities frontier. D. increasing inputs of energy and raw materials. E. the specialization of labor.
In the United States, approximately what percentage of the total income is earned by the highest 5 percent of the families?
a. 10 percent. b. 20 percent. c. 30 percent. d. 40 percent.
Those who believe that monopolies are both inevitable and undesirable would probably support price regulation
Indicate whether the statement is true or false
Which of the following students would be most likely to drop out of college before completing their degree? Select one:
a. a senior physics major with a solid B average b. a junior secondary education major who has just read about the substantial improvement in the job opportunities available for teachers with a college degree. c. an outstandingbaseball player in his junior year that just received a $500,000 offer from a professional team d. a junior economics major who wants to attend law school