One advantage of mutual funds is that they do not charge fees to coverthe cost of managing the fund.
Answer the following statement true (T) or false (F)
False
The professional management of mutual funds is expensive—mutual funds charge fees to cover the cost of managing the fund and to meet other expenses. See A-4: Your Investments: Building for the Future
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On Reagan's agenda at the beginning of his first term was ______________
A. the prevention of wasteful defense expenditure. B. the reduction of East-West conflicts through negotiations. C. An increase in welfare subsidies for the working poor. D. The roll-back of federal environmental, health, and safety regulations.
The 1890s saw the peak of ____ in the South
a. anti-Chinese attacks b. industrial warfare between workers and managers c. lynchings of African Americans d. federal intervention to protect black rights e. civil service reforms
During much of President Reagan's first two years, the nation endured a major recession. A significant cause for the economic downturn was:
a) Reagan's tax-cut program b) the resurgence of inflation c) major increases in defense spending d) tight-money policies of the Federal Reserve Board
Angela Davis was drawn to radical political ideas and groups in the 1960s, particularly those that identified as __________
a) communist b) capitalist c) democratic d) fascist