A mutual fund that charges a sales commission is a
A) load fund.
B) no-load fund.
C) closed-end fund.
D) premium fund.
A
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The minimum wage is an example of a government price ceiling and results in a reduction in unemployment.
Answer the following statement true (T) or false (F)
Since 1974, commercial banks importance as a source of funds for nonfinancial borrowers
A) has shrunk dramatically, from around 40 percent of total credit advanced to around 25 percent by 2014. B) has shrunk dramatically, from around 70 percent of total credit advanced to below 50 percent by 2014. C) has expanded dramatically, from around 50 percent of total credit advanced to above 70 percent by 2014. D) has expanded dramatically, from around 30 percent of total credit advanced to above 50 percent by 2014.
Between Independence and the Civil War, American population growth was
(a) steady and constant. (b) rapid but wildly unstable. (c) positive and rapid. (d) heavily concentrated in the settlement in Western lands.
If the mangers of Big Scoops, a local ice cream parlor, acquire a dairy farm to produce the milk for their ice cream, the managers of Big Scoops are likely to experience all of the following except which one?
A) an increase in their required areas of expertise B) an increase in the complexity of coordination of Big Scoops C) an increase in managerial diseconomies D) the hold-up problem