Answers26-27 Ignite Financial Literacy Personal Finance - EL3403Understanding Checking and Debit AccountsQuestion 55
55
QuizMultiple Choice
Understanding Checking and Debit Accounts
Question 55 • 26-27 Ignite Financial Literacy Personal Finance - EL3403
The image shows Gale's investments during one year. Investments during One Year
Answer
A
If she had purchased only the stock and had not diversified her investments, she would have lost money.B
If she had diversified her investments further, her profits would have been considerably larger.C
If she had put money in her savings account only and had not diversified, her profits would grow.D
If she had diversified her investments further, she would have reduced her risk but made less of a profit.