If a Politician Adheres to the Individual Responsibility Framework, Which

question 14

Multiple Choice

If a politician adheres to the individual responsibility framework, which of the following would not be mentioned in their campaign manifesto?

• A)The unemployed are not looking hard enough for a job.
• B)The unemployed are too picky in their job requirements.
• C)The unemployed lack the entrepreneurial spirit.
• D)The unemployed deserve jobs at respectable wages.

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Definitions:

Risk-Free Rate

The theoretical return on an investment with no risk of financial loss, typically represented by the yield on government bonds from stable countries.

Perfectly Negatively Correlated

Describes two variables that move in opposite directions; if one increases, the other decreases.

Global Minimum Variance Portfolio

An investment portfolio that is designed to have the lowest possible risk (variance) for the expected return, part of modern portfolio theory.

Standard Deviation

A measure of the dispersion or variability in a set of data points, indicating the degree of risk or volatility.