QUESTION 32 1 points Save Answer Federal Reserve independence is thought to O introduce a short-term bias to monetary policymaking. O lead to better fiscal and monetary policy coordination introduce longer-run considerations to monetary policymaking O do both A and B of the above. QUESTION 33 1 points Save Answer index mutual funds? Which of the following is a feature They have lower fees They select and hold stocks to match the performance of a stock index They do not require managers to select stocks and decide when to buy and sell O All of the above. QUESTION 34 1 points Save Answer Open-end mutual funds are more common than closed-end funds. O TRUE O FALSE. QUESTION 35 1 points Save Answer Which of the following is an advantage to investors of an open-end mutual fund? O Once all the shares have been sold, the investor does not have to put in more money. O The investors can sell their shares in the over-the-counter market with low transaction fees. The fund agrees to redeem shares at any time. The market value of the fund's shares may be higher than the value of the assets held by the fund. QUESTION 36 1 points Save Answer Generally, term life insurance contracts provide residual benefits. True False QUESTION 37 1 points Save Answer Insurance companies' attempts to minimize adverse selection and moral hazard explain which of the following insurance practices? O Risk-assessment screening O Risk-based premiums O Restrictive provisions O All of the above