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List at Least Three Explanations That Account for the Trend

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Essay

List at least three explanations that account for the trend toward later marriages in the United States in recent decades.In a few sentences,explain which you find most compelling and why.


Definitions:

Risk-Free Portfolio

An investment portfolio consisting of assets that have no risk of financial loss, typically associated with government bonds.

Portfolio Beta

A measure of the volatility, or systematic risk, of a portfolio in comparison to the market as a whole, indicating how sensitive the portfolio is to market movements.

Security Market Line

A line that represents the relationship between the risk of an investment and its expected return, used in capital asset pricing model (CAPM) to determine risk-adjusted returns.

Unsystematic Risk

The risk associated with a specific company or industry, also known as "diversifiable risk" or "idiosyncratic risk."

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