Investment funds are established for the supports of institutions such as hospitals investment is called ?
Correct answer: C. Endowment funds
- A. Charity funds
- B. Attached funds
- C. Endowment funds
- D. Investment fund
Explanation
An endowment fund is established by a donation or invested capital whose returns provide continuing financial support to an institution such as a hospital, school or university. Charity funds may support causes but do not necessarily generate permanent investment income.
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Government revenue and expenditure are analysed through taxation, public borrowing, budgets, subsidies, transfers and public debt. The topic explains how fiscal policy affects resource allocation, income distribution, economic stability and growth, while distinguishing direct from indirect taxes, progressive from regressive taxation, and public goods from goods supplied by private markets.
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