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Questions and Answers
What is the general use of money to generate more income known as?
What is the general use of money to generate more income known as?
- Investment (correct)
- Consumption
- Earnings
- Savings
According to finance, what is the act of investing?
According to finance, what is the act of investing?
- Delaying savings for consumption
- Use of resources to boost earnings
- Savings for future consumption
- Purchase of a financial product with the expectation of future financial gain (correct)
What is the most crucial characteristic of financial investments?
What is the most crucial characteristic of financial investments?
- Guaranteed returns
- Low initial investment
- High level of market liquidity (correct)
- Quick and high returns
What does investing entail in terms of future reward?
What does investing entail in terms of future reward?
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What should be the goal of an investor according to the text?
What should be the goal of an investor according to the text?
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