The Merger of the AFL and CIO in 1955 Has

question 26

True/False

The merger of the AFL and CIO in 1955 has minimized raiding between the two organizations,but has not resulted in an increase in union membership or political influence.

---

Definitions:

Portfolio

An array of fiscal investments encompassing stock shares, bond notes, commodities, spendable cash, and assets comparable to cash, plus mutual funds and ETFs.

Portfolio Expected Return

The weighted average of the expected returns on the assets included in a portfolio, representing the overall expected profit or loss.

Covariance

A statistical measure that indicates the extent to which two variables change together, signaling the direction of their linear relationship.

Investments

The process of distributing funds with the aim of earning returns or profits.