Which of the following statements about mutual funds is correct?
a. A mutual fund is not a financial intermediary.
b. A disadvantage of buying mutual funds is a lack of diversification
c. People who buy shares from a mutual fund are guaranteed a minimum return.
d. On average index funds outperform managed funds.
d
Economics
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A) increase; encourages B) increase; discourages C) decrease; encourages D) decrease; discourages
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An increase in imports increases aggregate demand
Indicate whether the statement is true or false
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