How do actively managed funds differ from passively managed funds?
A. Managers of actively managed funds use their discretion to buy and sell assets as they
attempt to generate higher returns.
B. Actively managed funds focus on stocks; passively managed funds focus on bonds.
C. Actively managed funds necessarily contain a greater variety of stocks or bonds than does
a passively managed fund.
D. Actively managed funds consistently outperform passively managed funds.
A. Managers of actively managed funds use their discretion to buy and sell assets as they
attempt to generate higher returns.
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According to your text, what is the major long-run issue facing the European Union?
What will be an ideal response?
An increase in government expenditures ________ "national saving" and thus tends to ________ private investment
A) increases, increase B) increases, decrease C) decreases, increase D) decreases, decrease
Since 1970, federal expenditures by regulatory agencies have
A) remained constant. B) decreased slightly. C) increased dramatically. D) increased slightly.
Which of the following is an automatic stabilizer that moves the federal budget toward deficit during an economic contraction and toward surplus during an economic expansion?
a. Personal income tax revenues. b. Corporate income tax revenues. c. Unemployment benefits. d. All of these.