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Discuss the roots, agendas, and applications of Renaissance Humanism.
Inflation
The pace at which the overall price level of goods and services increases, leading to a decrease in buying power.
Sharpe Ratio
A measure to evaluate the performance of an investment compared to a risk-free asset, after adjusting for its risk. It’s calculated by subtracting the risk-free return from the return of the investment and dividing by the investment's standard deviation.
Small U.S. Stocks
Refers to shares of smaller companies in the United States, typically characterized by a lower market capitalization.
Long-Term U.S. Treasury Bonds
Government bonds with maturities typically longer than 10 years, considered among the safest investment securities.
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