Which of the following is not true with regard to mutual funds?
a. Some mutual funds allow investors to invest in all stocks in a given market
b. Mutual fund returns are greater than those for an individual who selects his/her own stocks.
c. They allow individuals to spread risk across many different companies.
d. Investors gain access to the services of a financial expert.
b
Economics
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In the above, which figure(s) show(s) a relationship between the variables that is always negative?
A) Figure A only B) Figure D only C) Figures A and C D) Figures A, C, and D E) Figure B only
Economics
The labor demand and labor supply schedules are given in the table above. If a minimum wage of $9 per hour is imposed,
A) a surplus of 300 workers occurs. B) a shortage of 300 workers occurs. C) there is no surplus or shortage of workers. D) the quantity demanded is 1,000 workers. E) there is unemployment of 700 workers.
Economics