Question

A ________ mutual fund is a good investment for "rainy day" funds, while a ________ mutual fund is a good type of investment for funds earmarked for retirement in 25 years.A) municipal bond; corporate income

B) money market; global growth
C) diverse equity; money market
D) short term junk bond; long term junk bond

Answer 1

Answer is B. Money market and global growth.

Step-by-step explanation:

A money market investment is a type of investment that is considered as short term, this means it matures in a short period of time usually one year.

Global growth investment or fund is when an investment is done in stocks and its expected to generate revenue or earnings overtime.