Dunn Stephens
03/25/2024 · Junior High School
Which item best describes mutual funds? Increases the investing power of an individual A contract between a producer of a raw material and the seller of a product Is another term for stockholder Contract purchased from an insurance company
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The item that best describes mutual funds is:
**Increases the investing power of an individual.**
Mutual funds pool money from multiple investors to invest in a diversified portfolio of stocks, bonds, or other securities, thereby increasing the investing power of individuals who may not have enough capital to invest on their own.
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Mutual funds increase the investing power of an individual.
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