Class F-1, F-2 and 529-F-1 shares do not have an up-front or a contingent deferred sales charge (CDSC). Class F-2 shares also do not carry a 12b-1 fee, but may have slightly higher administrative expenses than Class F-1 shares.These expenses will vary among the funds.fter 10 years, Class C shares convert to Class F-1 shares, however, Class 529-C shares do not convert to 529-F-1 shares. You can invest up to $500,000 in Class C shares. You can invest into Class 529-C shares in a CollegeAmerica Account until the balance (including any earnings) reach $350,000.
An economy is an area of the production, distribution, or trade, and consumption of goods and services by different agents. Understood in its broadest sense, 'The economy is defined as a social domain that emphasizes the practices, discourses, and material expressions associated with the production, use, and management of resources'. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two parties agree to the value or price of the trans
This at once leads to a general. definition of Economics. Economics is the social science that studies economic activities. This definition is, however, too broad. It does not specify the exact manner in which the. economic activities are to be studied. Economic activities essentially mean production, exchange. and consumption of goods and services. However, with the progress of civilisation, the. complexity of the production, exchange and consumption processes in society have increased. manifold.