The primary assets of a pension fund are

A) money market instruments.
B) corporate bonds and stock.
C) consumer and business loans.
D) mortgages.


B

Economics

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In a simple economy (no government sector), the equilibrium level of GDP will be less than the full employment level of income if, at the full employment level of income, the

a. saving that consumers want to do is less than investing that businesses want to do. b. saving that consumers want to do is greater than investing that businesses want to do. c. saving that consumers want to do is less than spending that consumers want to do. d. inventories are being depleted.

Economics

An event that directly affects firms' costs of production and thus the prices they charge is called

a. a Phillips contraction. b. an inflationary spiral. c. a demand shock. d. a supply shock.

Economics

Government decreasing taxes is an example of:

A. contractionary monetary policy. B. contractionary fiscal policy. C. expansionary monetary policy. D. expansionary fiscal policy.

Economics

The opportunity cost of attending a class at? 11:00 a.m. will likely differ from the opportunity cost of attending a class at? 8:00 a.m. because

What will be an ideal response?

Economics