A stock mutual fund's primary advantage is to allow
A) investors to diversify away systematic risk.
B) investors to diversify away all risk.
C) investors to diversify away idiosyncratic risk.
D) the rich to avoid taxes.
C
Economics
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If prices rise in the United States, everything else constant, the dollar __________ against the yen and the yen __________ against the dollar
A) appreciates; appreciates B) appreciates; depreciates C) depreciates; appreciates D) depreciates; depreciates
Economics
Which type of bond would you purchase if you expected higher rates of inflation during the life of the bond?
A) Treasury bond B) TIPS C) corporate bond D) municipal bond
Economics