Tiffany Nelson puts her money in a single investment that is made up of many different securities and is managed by a team of professionals. Tiffany invested in:
A) an exchange-traded fund (ETF).
B) a mutual fund.
C) municipal bonds.
D) derivatives.
E) a money market account.
Question 2
You have found that the collaboration you have with your cross-functional team at work often leads to faster and more thorough results compared to when you're working alone. This is an example of how teams:
A) provide synergy.
B) increase creativity.
C) satisfy needs.
D) improve accuracy.
E) promote social loafing.
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The Economics of Money, Banking and Financial Markets, Business School Edition