It is claimed that a secondary advantage of mutual funds is that
a. an investor can avoid investment charges and fees.
b. they give ordinary people access to loanable funds for investing.
c. they usually outperform stock market indexes.
d. they give ordinary people access to the skills of professional money managers.
d
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In the figure above, if the market is at equilibrium, then the total consumer surplus equals the area ________ and the total producer surplus equals the area ________
A) A; B B) B; C C) C; B D) A; C E) A + B; C
Five large unions withdrew from the AFL-CIO in 2005, taking with them ____% of the federation's members.
Fill in the blank(s) with the appropriate word(s).
Between 1994 and 2000 the poverty rate ____ and the number of people on welfare _____.
Fill in the blank(s) with the appropriate word(s).
Say's law argues that I. overproduction is typical in a market economy. II. supply creates its own demand
A) I only B) II only C) Both I and II D) Neither I nor II