menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Macroeconomics Study Set 8
  4. Exam
    Exam 13: Saving Investment and the Financial System: Financial Institutions in the US economy
  5. Question
    A Mutual Fund
Solved

A Mutual Fund

Question 38

Question 38

Multiple Choice

A mutual fund


A) is a financial institution that stands between savers and borrowers.
B) is a financial intermediary.
C) allows people with small amounts of money to diversify their holdings.
D) All of the above are correct.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q5: If the Apple corporation sells a bond

Q22: Financial intermediaries are<br>A)the same as financial markets.<br>B)individuals

Q34: A perpetuity is<br>A)a financial intermediary that has

Q35: Which of the following statements about the

Q36: Other things the same,which bond would you

Q39: Which of the following is correct?<br>A)Lenders sell

Q40: The amount of revenue a firm receives

Q41: Managed funds<br>A)typically have a higher rate of

Q42: People who buy stock in a corporation

Q43: In 2013,ABC Corporation had total earnings of

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines