Mutual funds that attempt to mimic the performance of a broad market index, such as the Dow Jones Industrial Average, are known as:
a. socially responsible funds.
b. index funds.
c. equity funds.
d. fixed-income funds.
e. money market funds.
b
Economics
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When the price of a good falls, there will be
A) an outward shift in the good's demand curve. B) both an outward shift in the good's demand curve and a movement along the good's demand curve. C) a movement along the good's demand curve. D) no change in quantity demanded.
Economics
A period in which the level of business is consistently less than its long-term trend is known as
A. depression. B. business cycle. C. growth trend. D. recession.
Economics