The target allocation for a specific asset class has been set at 20% of total assets under an asset allocation scheme. The manager is permitted to reduce this percentage to 15%; and can increase it to 25%; as he or she sees fit. The setting of the 20% target allocation is called:

C. tactical asset management

Explanation:

Based on the scenario being described within the question it can be said that the setting of the 20% target allocation is called tactical asset management. This term refers to a variation of the strategic asset management in which is given to the asset manager in order for that individual to take advantage of certain market opportunities. Such as the manager has done in this scenario

if i need to borrow money for anything, it would be for something like a house or an apartment but, that depend on the situation.

is this good enough?

the answer would be voluntary exchange -

"the act of buyers and sellers freely and willingly engaging in market transactions. moreover, transactions are made in such a way that both the buyer and the seller are better off after the exchange than before it occurred."

hope this : )

-shy