Consider a mutual fund with a 6 percent back-end load that decreases to 0 percent in the seventh year. How much of the load will an investor have to bear if she sells it off in the second year?

a. 4 percent of the load
b. 3 percent of the load
c. 6 percent of the load
d. 5 percent of the load
e. 2 percent of the load

d

Economics

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In the distributed lag model, the coefficient on the contemporaneous value of the regressor is called the

A) dynamic effect. B) cumulative multiplier. C) autoregressive error. D) impact effect.

Economics

Oligopoly: a. Meets the condition for allocative efficiency. b. Meets the condition for productive efficiency. c. Leads to slower technological progress

d. None of the above is true.

Economics