A general$-$purpose money fund:

Question $24$Answer

a$.$

invests in virtually any type of money market investment vehicle.

b$.$

limits its investments to short$-$term, tax$-$exempt municipal securities$.$

c$.$

limits its investments to short$-$term securities of the U$.$S$.$ government and its agencies.

d$.$

invests in stock considered to be undervalued in the market.

e$.$

limits its investments to real estate properties.