Because of the Discovery of Penicillin, the Number of Deaths

question 2

Multiple Choice

Because of the discovery of penicillin, the number of deaths per year for every 1,000 people declined. As such, penicillin impacted the:

• A) Population Momentum
• B) Crude Birth Rate
• C) Crude Death Rate
• D) Population Pyramid

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Definitions:

Relevant Risk

The portion of an investment's risk that cannot be eliminated through diversification, also known as systematic or market risk.

Market Portfolio

A theoretical portfolio of all assets in the market, with each asset weighted according to its market capitalization.

Efficient Frontier

A concept in modern portfolio theory which represents a set of optimal portfolios that provide the highest expected return for a defined level of risk or the lowest risk for a given level of expected return.

Indifference Curve

A curve connecting all portfolios with the same utility according to their means and standard deviations.