Practice mode Basic of Economics

What are investment funds set up to support institutions such as hospitals called?

Correct answer C. Endowment funds

Explanation

An endowment fund is a pool of donated money that is invested so that its income provides lasting support for an institution such as a hospital, university or charity.

Report a problem

Answer checked How we write and check questions

Tip: press A, B, C or D to answer, and N for the next question.

Advertisement

Have a question about this answer?

Your email address will not be published. Required fields are marked *

Links and website addresses are not allowed in comments.