In the System ______, Workers Are "Expropriated," Because They Do

question 33

Short Answer

In the system ______, workers are "expropriated," because they do not own the means of production, they must sell their labor power in order to survive.

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Definitions:

Treynor Measure

A performance metric that measures the returns earned in excess of that which could have been earned on a riskless investment per each unit of market risk.

Standard Deviation

A measure of the dispersion or variability in a set of values, used to assess the risk associated with a particular security or investment portfolio.

Beta

A measure of a stock's volatility in relation to the overall market; a beta above 1 indicates the stock is more volatile than the market, while a beta below 1 indicates the stock is less volatile.

Nonlinear Factor Exposures

Nonlinear Factor Exposures refer to investment sensitivities to market factors that do not change in a straight-line (linear) relationship with the market's movements.