Which of the following is true?
a. Managed equity funds that have yielded attractive returns during the last 5 or 10 years can generally be counted on to yield similar returns in the future.
b. Managed funds generally outperform indexed equity mutual funds.
c. An investment strategy that yielded a high rate of return in the past will often be disastrous in the future.
d. Indexed equity mutual funds are usually tied directly to either the Consumer Price Index or the GDP deflator.
C
You might also like to view...
A form of business whose profits are taxed twice is
A) a proprietorship. B) a partnership. C) a corporation. D) either a proprietorship or a partnership, depending on other information.
A firm will not choose to produce if total variable costs exceed total revenue.
Answer the following statement true (T) or false (F)
According to the Coase theorem, externality problems may be solved if the parties involved can negotiate. Which of the following is also needed?
a. clearly defined bargaining costs b. enforceable bargaining costs c. clearly defined, enforceable property rights and low bargaining costs d. a property right that cannot be bought or sold e. government regulation
An early application of anti-trust law, to force the breakup of one firm's vertically integrated control over every aspect of the production, processing, and distribution of an essential product, occurred in the
A. AT&T Case. B. Microsoft case. C. Napster case. D. Standard Oil case.