Answer: Statement that “There is no need to evaluate mutual fund investments because investment companies hire the best professional managers they can to manage their funds “ is FALSE
A mutual fund is a pool of stocks, bonds or other funds where an investor purchase his shares. He gets one to meet his investment goals so evaluating a mutual fund's performance is needed and must involve thorough research to lessen risk.
Professional fund managers do make mistakes, so it is a must that investors continually evaluate their mutual fund investments.
The statement " An economist would look for data on past changes in the money supply, and note the resulting changes in the price level " is correct.
Explanation:
In the past, the knowledge economist will research price-money ties and observe trends; then analyse data, and establish the theory.
Financial experts analyse the market activity of economists. Their main responsibility includes the compilation and review of economic and socio-economic data, guidance on economic choices for companies and governments and the creation of models for economic predictions.
- Financial political and socio-economic data collection and review.
- Surveys and diverse sampling techniques are carried out.
- Researching different areas such as governance, economics, employment, electricity, etc.
- Using historical information. Market trends analysis.
Answer:
20%
Explanation:
if the advertising elasticity = 0.25 and you want to increase the quantity demanded by 5%, you will need to increase advertisement by = 5 / 0.25 = 20%
The advertising elasticity measures how much does a change in advertising changes the quantity demanded of a product or service.
Answer:
a) signing the most lucrative contract you can upon graduation
Explanation:
A best professional should be deal with a person who earned from their professional activity. It is always be in benefit of a public interest and the society at a whole
Here in the given situation, the option B, C and D denotes the best professional but option A is not a factor as you cant get the lucrative contract when you are on graduation level
Therefore the same is to be considered
