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In the Texas borderland in the years after 1836,
Slope
A measure of the steepness, incline, or grade of a line, calculated as the ratio of the vertical change to the horizontal change between two points.
Budget Line
A graphical representation of all possible combinations of two goods that can be purchased with a given income and prices.
Expected Return
The average of all possible returns for an investment, weighted by the likelihood of each outcome.
Risky Asset
Asset that provides an uncertain flow of money or services to its owner.
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