6
QuizMultiple Choice

Investing and Financial Markets — Unit test

Question 6 • Personal Finance - EL3403

In which category do commodities belong?

Answer
A
long-term investment only
B
short-term investment only
C
either short- or long-term investment
D
neither short- nor long-term investment

Explanation

Commodities such as gold, oil, and agricultural products can be bought and held for different lengths of time. They may be used in short-term trading or held as part of a long-term investment strategy, so commodities can be either short- or long-term investments.

AI-written and checked against the verified answer.

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