Which Equity Index Had the Highest Volatility in Terms of U.S

question 50

Multiple Choice

Which equity index had the highest volatility in terms of U.S. dollar-denominated returns for the period of five years ending in 2018?

• A) Shanghai
• B) India
• C) Nikkei
• D) U.S.

---

Definitions:

Marginal Product

The additional output that is generated by employing one more unit of a specific input, ceteris paribus.

Total Fixed Cost

The sum of all expenses that remain constant regardless of the level of production or output within a business.

Average Fixed Cost

Calculated by dividing total fixed costs by the quantity of output produced, showing the fixed cost per unit.

Sunk Cost Fallacy

The misconception that future decisions should be influenced by previously incurred costs that cannot be recovered.