Communism Is an Economic System in Which

question 95

Multiple Choice

Communism is an economic system in which:

• A)all or most of the productive resources are owned by private businesses.
• B)the government and private citizens own equal shares of the economic resources.
• C)the government makes most of the major economic decisions.
• D)individual consumers make all economic decisions.

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Definitions:

Beta

A measure of a security's volatility compared to the market as a whole, indicative of its relative risk.

Serial Correlation

The relationship between sequential data points in a time series, indicating that a value in the series is statistically correlated with its predecessors.

Mutual Funds

Investment funds that pool money from many investors to purchase a diversified portfolio of stocks, bonds, or other securities.

Hedge Funds

Private investment funds that use a range of strategies to achieve returns, including diversification, leveraging, and derivatives.