Index funds are often preferred to other mutual funds because:

A. they have greater liquidity.
B. on average they have lower management fees.
C. they offer greater diversification.
D. they are managed better.


Answer: B

Economics

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Economics

According to the text, the probability of an unemployed person finding a job doubles when

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The objections to the Walsh-Healy Act of 1936, which mandated "prevailing wages" in government employment,

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Economics

Given Keynesian assumptions about the shape of the aggregate supply curve and an economy suffering a recession, which of the following is most likely to occur if the Fed pursues expansionary monetary policy?

A. The equilibrium price level and output will both increase until full employment is reached. B. The equilibrium price level and output will both decrease. C. The equilibrium price level will increase but output will stay the same. D. The equilibrium output will increase but the price level will stay the same until full employment is reached.

Economics