Suppose you own shares in a stock index fund that tracks the value of the S&P 500. The firm that offers the fund recently imposed restrictions on the number of shares that may be redeemed for cash on a given day. How does this change in the funds operation affect the demand for this asset? A. Demand shifts rightward B. Demand does not change C. Demand shifts leftward
Suppose you own shares in a stock index fund that tracks the value of the S&P 500. The firm that offers the fund recently imposed restrictions on the number of shares that may be redeemed for cash on a given day. How does this change in the funds operation affect the demand for this asset? A. Demand shifts rightward B. Demand does not change C. Demand shifts leftward
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter14: Monopoly
Section: Chapter Questions
Problem 4PA
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Suppose you own shares in a stock index fund that tracks the value of the S&P 500. The firm that offers the fund recently imposed restrictions on the number of shares that may be redeemed for cash on a given day. How does this change in the funds operation affect the
A. |
Demand shifts rightward |
|
B. |
Demand does not change |
|
C. |
Demand shifts leftward |
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