Examlex
Secondary data is also known as indirect data.
Budget Line
A graphical representation of all possible combinations of two goods that can be purchased with a given budget.
Investor's Choice
The selection made by an investor regarding where, how, and in what to invest their money, based on factors like risk, return, and personal objectives.
Risk
The potential for losing something of value or the uncertainty regarding the outcome of an action, often associated with the potential for financial loss.
Expected Return
The probable gain or loss one expects from an investment, taking into account both the probability and the magnitude of returns.
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