Which of the following is a characteristic of a Permanent Fund?
a. both the corpus of the fund and its earnings must be kept intact permanently.
b. permanent funds are created to support programs that benefit other governmental units.
c. earnings of a permanent fund are used to support programs that benefit the government or its citizens.
d. permanent Funds are established when a government receives a bequest without a legal trust agreement.
c
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Money is probably the most emotionally meaningful object in contemporary life. Only
a. sex and ambition are its close competitors. b. ego and ambition are its close competitors. c. shelter and ambition are its close competitors. d. food and sex are its close competitors. e. food and shelter are its close competitors.
If we used a confidence interval to estimate market potential, the lower and upper values could be used to create a(n):
A) correct, incorrect estimate B) pessimistic, optimistic estimate C) average, median estimate D) likely, unlikely estimate E) none of the above; confidence intervals may not be used to estimate market potential