Solved

Government Employees,public School System Employees,and Even Employees of Some Large

Question 23

True/False

Government employees,public school system employees,and even employees of some large companies pay a percentage of their monthly earnings into pension funds.These funds collect a large pool of money that they invest in securities.Pension funds,insurance companies and mutual fund companies - who collect large sums of money and then invest these funds into stocks,bonds or other securities are called institutional investors.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents