One characteristic of most index funds is that such funds typically
A) produce a large dollar amount of realized capital gains every year.
B) have a very low-cost structure with respect to management fees and transaction fees.
C) charge high front-end loads.
D) are designed to "beat the market."
Answer: B
Business
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Which of the following is not true about running a sole proprietorship?
(A) You can respond quickly to changes in the marketplace. (B) There are minimal start-up costs. (C) You are exempt from your city's zoning laws. (D) You have unlimited personal liability.
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Which marketing channel is associated with the highest value added per sale?
A) retail stores B) sales force C) distributors D) Internet E) telemarketing
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