题目内容

A mutual fund()

A. is a financial market where small firms mutually agree to sell stocks and bonds to raise funds.
B. is funds set aside by local governments to lend to small firms who want to invest in projects that are mutually beneficial to the firm and community.
C. sells stocks and bonds on behalf of small and less known firms who would otherwise have to pay high interest to obtain credit.
D. is an institution that sells shares to the public and uses the proceeds to buy a selection of various types of stocks, bonds, or both stocks and bonds.

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The old adage, “Don’t put all your eggs in one basket,” is very similar to a modern bit of advice concerning financial matters()

A. “Buy low-risk bonds.”
B. “Use a medium of exchange.”
C. “Diversify.”
D. “Intermediate.”

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Index funds()

A. typically have a higher rate of return and higher costs than managed mutual funds.
B. typically have a higher rate of return and lower costs than managed mutual funds.
C. typically have a lower rate of return and higher costs than managed mutual funds.
D. typically have a lower rate of return and lower costs than managed mutual funds.

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In a closed economy, what does (Y - T - C) represent()

A. national saving
B. government tax revenue
C. public saving
D. private saving

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The purchase of a new house is the one form of()

A. investment that is financed by private saving rather than public saving.
B. household spending that is not counted as part of investment in the national income accounts.
C. household spending that is investment rather than consumption.
D. household spending that does not contribute to GDP.

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