How does the risk of a money market mutual fund compare with that of a savings account?
A. A money market mutual fund has less risk than a savings account.
B. A money market mutual fund has slightly greater risk than a savings account.
C. A money market mutual fund has much greater risk than a savings account.
D. The risk of both is about the same.
A money market account (MMA) mutual fund is an ... These mutual fund or savings ... [ Mutual funds offer diversification of investment dollars with less risk than ... www.ehow.com/what-is-a-mutual-fund/
] Auto answered|Score .6914User:
Why is the federal income tax a progressive tax?
A. A higher income has more deductions.
B. A higher income pays a lower rate.
C. Corporations can lower their taxable income.
D. A higher income pays a higher percentage in taxes
Federal income tax is a progressive tax because: a higher income pays a higher percentage in taxes. www.wisegeek.com/what-is-a-progressive-tax.htmAuto answered|Score .6User:
A day trader tries to make a profit by
A. investing only in blue chip stocks.
B. speculating with borrowed money.
C. reducing risky investments.
D. taking advantage of minute-by-minute changes in stock prices.
day trader tries to make a profit by C.taking advantage of minute-by-minute changes in stock prices. Auto answered|Score .9816|jameshand|Points 2049|User:
Why are coins easier than gold bars to use as money?
A. Coins are more durable.
B. Coins are more portable.
C. Coins are more uniform.
D. Coins are more limited.
Why is using coins as money easier than using gold bars? ANSWER IS D)Coins are more portable
Auto answered|Score .9265|jessMhak|Points 30|User:
In which of the following situations would someone have to pay a gift tax?
A. A relative dies and leaves you $13,000 in the will.
B. Your cousin gives you a car worth $1,700.
C. Your grandmother gives you $13,000 toward college.
D. Your cousin gets a job paying $32,000 a year.
A. A relative dies and leaves you $13,000 in the will. refer to the website: [www.irs.gov/businesses/small/article/0,,id=108139,00.html
]Auto answered|Score .76|latefisher|Points 3420|User:
Which goods would be included in the calculation of GDP?
A. toys made in China at a factory owned by a U.S. company
B. cars made in Tennessee at a factory owned by a Japanese car company
C. plastic made in Kentucky and sold to a toy maker in Ohio
D. cotton cloth made in India and sold to clothes makers in the United States
A. toys made in China at a factory owned by a U.S. company Auto answered|Score .7333|allybee|Points 8815|User:
Why is the inside lag for monetary policy shorter than for fiscal policy?
A. Congress and the President can act quickly to change monetary policy.
B. The Federal Open Market Committee must get Congressional approval.
C. It can take a long time for new government spending to take effect.
D. The Federal Open Market Committee can act almost immediately
The answer is fiscal policy is created by Congress and the President which is very slow. While monetary policy is controlled by the Fed which can act quickly and decisively. So C would be the best answer in my opinion.
Auto answered|Score .8667|my-childish-fears|Points 0|
All Categories|No Subcategories|Auto Answered|1/1/2013 4:12:58 PM