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ASHA 777 [7]
3 years ago
7

It is a type of financial intermediary that pools savings of individuals and makes them available to business and government use

rs. Funds are obtained through the sale of shares.
Business
1 answer:
Kobotan [32]3 years ago
7 0

The correct answer to this open question is the following.

Although there are no options provided we can answer the following.

It is a type of financial intermediary that pools the savings of individuals and makes them available to business and government users. Funds are obtained through the sale of shares.

Here we are talking about mutual funds.

When we are talking about a mutual fund in financial terms, this means that a pool of money has been collected from many people who like to invest in money market instruments, bonds, or stocks. The investment is managed by professionals who are experts in money managing and always look to gain profitable interests to their clients. Regularly, this money manager -the expert- prepare a particular investment portfolio to diversify the money of its clients, trying to generate the largest earnings.

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Answer:

Descriptive research

Explanation:

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3 years ago
In the soda industry, production costs per unit continue to fall as the firm expands. in this type of industry, smaller rivals t
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3 years ago
Mark expects the value of currency X to appreciate in the near future. Hence, he delays the collection of payments from foreign
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Lag startegy

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4 years ago
By buying a ________ bond, investors may choose to exchange their bond for shares of common stock in the company.
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The type of bond which investors would buy that they may choose to exchange their bond for shares of common stock in the company is known as convertible bonds.

<h3>What is a Bond?</h3>

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With this in mind, if an investor wants to later exchange their bond for shares of common stock in the company, then they would have to buy convertible bonds,

Read more about convertible bonds here:
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2 years ago
Suppose the economy is operating at a point where output is less than the natural level of output. Which of the following statem
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Answer: a) the price level is less than the expected price level.

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3 years ago
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