An index fund
a. holds only stocks and bonds that are indexed to inflation.
b. holds all the stocks in a given stock index.
c. guarantees a return that follows the index of leading economic indicators.
d. typically has a lower return than a managed fund.
b
Economics
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The actions of the Fed: a. must be approved by the president and Congress
b. must be approved by the president alone. c. must be approved by Congress alone. d. are not subject to approval by any branch of government. e. are subject to the approval of the electorate.
Economics
Which of the following is observed in an economy during the contraction phase of the business cycle?
a. Nominal GDP begins to rise b. Real GDP remains constant c. Real GDP falls d. Productivity of resources increase e. Unemployment falls
Economics