Mutual funds that attempt to mimic the performance of a broad market index, such as the Dow Jones Industrial Average, are known as:
a. socially responsible funds.
b. index funds.
c. equity funds.
d. fixed-income funds.
e. money market funds.
b
You might also like to view...
An understanding of the principles of public sector economics can help us create _____
a. innovative public policies b. a more effective government c. a protective government that better shields its citizens from risk d. new spending programs
A disadvantage of the corporate form of business organization is
A) double taxation. B) limited access to capital. C) that the corporation can only do business in the state where it was incorporated. D) unlimited liability for shareholders.
In the U.S., the National Labor Relations Board is the government agency that enforces workers' right to unionize
a. True b. False Indicate whether the statement is true or false
Most of the taxes collected by governments tend to
A. remain fixed. B. move in the opposite direction from GDP. C. be sales taxes. D. rise and fall with the level of GDP.