In cases of natural monopoly, it is best to have only one firm producing all of the output in a market

Which of the following statements about mutual funds is correct?

a. A mutual fund is not a financial intermediary. b. A disadvantage of buying mutual funds is a lack of diversification c. People who buy shares from a mutual fund are guaranteed a minimum return. d. On average index funds outperform managed funds.

After increasing at more than 2 percent per year between 1950 and 1973, the growth rate of average labor productivity ________ between 1973 and 1995, and ________ between 1996 to 2007.

A. speeded up; accelerated even more B. slowed; decreased even more C. slowed; picked up D. speeded up; slowed