Which of the following statements is false?
A) The Wilshire 5000 is a stock index that consists of the stocks of about 6,500 firms.
B) Instead of buying a mutual fund that consists of various stocks picked by a fund manager you can buy a mutual fund that consists of the stocks that make up a particular stock index.
C) The term Sypders stands for "Standard & Poors Direct Receipts."
D) When an investor buys Spyders they are said to "buy the market."
C
You might also like to view...
When one country has higher nominal interest rates than another country, the high-interest-rate currency is expected to ________ relative to the low-interest-rate currency
A) depreciate B) appreciate C) stay constant D) None of the above
The United States is the largest consumer and importer of grains and other agricultural output in the world
a. True b. False Indicate whether the statement is true or false
Fiscal policy
A. uses the same means as monetary policy to attain the same goals. B. is carried out by the Congress only. C. can be discretionary or automatic. D. uses the same means as monetary policy to accomplish an entirely different set of goals.
OLED television prices rise by 10 percent, and in response the quantity of those OLED televisions supplied increases by 5 percent. The supply elasticity for OLED television sets in that price range is
A) 0.5. B) 1.5. C) 2.0. D) -2.0.