QUESTION The mix of investments in a portfolio is called portfolio ________. a. liquidity b. risk c. dividend d. diversification ANSWER d
Date: September 3rd, 2020
QUESTION An inspirational leader can safely ignore the company’s vision and mission. Indicate whether the statement is true or false ANSWER FALSE
Date: September 3rd, 2020
QUESTION A leader who inspires and stimulates positive change in his or her followers is sometimes referred to as a transformational leader. Indicate whether the statement is true or false ANSWER TRUE
Date: September 3rd, 2020
QUESTION When the cost of producing a particular item increases, producers will make less of that item. Indicate whether the statement is true or false ANSWER TRUE
Date: September 3rd, 2020
QUESTION Mutual funds are organizations that do all of the following EXCEPT ________. a. issue bonds to investors b. collect investors’ money c. pool investors’ money d. buy a variety of stocks and bonds ANSWER a
Date: September 3rd, 2020
QUESTION Scarcity and shortage are interchangeable economic terms. Indicate whether the statement is true or false ANSWER FALSE
Date: September 3rd, 2020
QUESTION Part of being an introspective leader is also understanding all the various leadership styles and knowing how to select the most effective one for a given situation. Indicate whether the statement is true or false ANSWER TRUE
Date: September 3rd, 2020
QUESTION A major advantage of investing in mutual funds is that ________. a. the judgment of the fund managers may be wrong b. you pay fees to the money managers c. the fund managers do the hard work of research and diversification d. the fund managers ignore diversification ANSWER c
Date: September 3rd, 2020
QUESTION An example of perfect competition is the automobile industry. Indicate whether the statement is true or false ANSWER FALSE
Date: September 3rd, 2020
QUESTION A major disadvantage of investing in mutual funds is that ________. a. the judgment of the fund managers may be wrong b. the fund managers do the hard work of research and diversification c. if one investment fails, the losses should be balanced by gains among other investments d. there are no fees to […]
Date: September 3rd, 2020
