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Deterrence and negotiation are two approaches to avoiding war discussed in the text.
Expected Rate
The predicted average rate of return or growth, based on historical data or statistical analysis, applicable to investments or economic variables.
Risk-Free Asset
is an investment that is expected to deliver a guaranteed return with no risk of financial loss.
Expected Rate
Anticipated return on an investment, often considering the risk and time value of money.
Standard Deviation
Standard deviation quantifies the amount of variation or dispersion of a set of values, indicating how much the values differ from the mean.
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