Ethan Is a White Man Who Has Scottish Ancestry and Wore

question 34

Multiple Choice

Ethan is a white man who has Scottish ancestry and wore a kilt to his wedding.In most aspects of his life,however,being Scottish American has no meaningful impact on his day-to-day life.This example illustrates that

• A) ethnicity has become less important in the United States.
• B) tension between racial and ethnic groups has declined over time.
• C) ethnicity is a choice for whites in the United States.
• D) pluralism is growing in the United States.

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Definitions:

Optimal Risky Portfolio

A portfolio construction that maximizes expected return for a given level of risk, based on modern portfolio theory.

Risk Free Rate

The theoretical return on investment with zero risk of financial loss, often represented by the yield on government bonds from stable governments.

Standard Deviation

A measure of the dispersion or variability in a set of values, often used to quantify the risk associated with a particular investment.

Systematic Risk

The underlying threat to the entire market or a specific market sector that cannot be alleviated by spreading out investments.