ECONOMICS
SAVING AND INVESTING
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
a rare painting
|
|
|
shares in a company
|
|
|
microfinancing
|
|
|
steel
|
Detailed explanation-1: -Commodity funds invest in raw materials or primary agricultural products, known as commodities. These funds invest in precious metals, such as gold and silver, energy resources, such as oil and natural gas, and agricultural goods, such as wheat.
Detailed explanation-2: -#1 – Metals Metals are generally manufactured by processing mined ore. Steel, copper, aluminium, gold, and silver are some of the most common metallic commodities.
Detailed explanation-3: -Commodities include agricultural products such as wheat and cattle, energy products such as oil and natural gas, and metals such as gold, silver and aluminum. There are also “soft” commodities, or those that cannot be stored for long periods of time, which include sugar, cotton, cocoa and coffee.
Detailed explanation-4: -Some traditional examples of commodities include grains, gold, beef, oil, and natural gas. More recently, the definition has expanded to include financial products, such as foreign currencies and indexes.