Match Each Description with the Item Below

question 63

Multiple Choice

Match each description with the item below.
-Clermont

• A)invented the telegraph
• B)invented the sewing machine
• C)with Boston Associates, formed the Boston Manufacturing Company
• D)earned a medical degree, a first of its kind
• E)was a piano maker and immigrant
• F)helped found schools to train teachers and promoted the idea of free public education
• G)was the first clipper ship
• H)improved the steel plow, thereby making it possible to farm the Great Plains
• I)was the first commercial steamboat, built by Robert R. Livingston and Robert Fulton
• J)was a Jewish tailor who made work pants during the gold rush and would become the origin story of a major brand
• K)was a famous composer whose song "Oh! Susanna" emerged as a national favorite

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Definitions:

Actively Managing

The process of oversight and decision-making in investment strategies that involve frequent trading and allocation adjustments to achieve specific investment objectives.

Limits To Arbitrage

The constraints that prevent traders from executing trades that would bring prices into equilibrium, including transaction costs, funding costs, and risk considerations.

Availability Bias

A cognitive bias that causes people to overestimate the probability of events associated with memorable or vivid occurrences.

Clustering Illusion

The cognitive bias of seeing a pattern in random events where none actually exists.