A General-Purpose Money Fund

Multiple Choice

A general-purpose money fund:

A) invests in virtually any type of money market investment vehicle.
B) limits its investments to short-term, tax-exempt municipal securities.
C) limits its investments to short-term securities of the U.S. government and its agencies.
D) invests in stock considered to be undervalued in the market.
E) limits its investments to real estate properties.