Examlex
The term ______ refers to people who live in extreme poverty and are more likely to live in the least industrialized nations,such as Haiti,Laos,and many countries in sub-Saharan Africa.
Market Index
A statistical measure that tracks the performance of a basket of specific stocks to represent a particular market or sector.
Beta
A measure of the volatility, or systemic risk, of a security or a portfolio compared to the market as a whole.
Systematic-Risk Event
An event that affects all securities in the financial market and cannot be mitigated through diversification.
Federal Reserve
The central banking system of the United States, responsible for setting monetary policy, issuing currency, and regulating banks.
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