With the Exception of Alaska, What Was the Last Piece

question 72

Multiple Choice

With the exception of Alaska, what was the last piece of territory acquired by the United States toward the solidification of its present boundaries in North America?

• A) the Mexican Cession
• B) California
• C) Oregon
• D) the Gadsden Purchase
• E) Texas

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Definitions:

Scatter Diagram

A graphical representation displaying the relationship or correlation between two numerical variables, with data points plotted on a horizontal and vertical axis.

Proxy Market Portfolio

A proxy market portfolio is a theoretical bundle of investments that represents a broad market segment, used in financial models to simulate the behavior of entire markets.

Security Market Line

A representation in financial theory that shows the relationship between risk and return for all securities in the capital markets.

Beta

A measure of the volatility, or systematic risk, of a security or a portfolio compared to the market as a whole.