Based on Returns for the Last Six Months of 2007

question 7

Multiple Choice

Based on returns for the last six months of 2007 for a social choice portfolio
Comprised of "green" companies shown below, the forecasted monthly return for January
2008 using a three-month moving average is $$\begin{array} { l c } \text { Month } & \text { Monthly Return } \\\text { July } & 2.2 \% \\\text { August } & 2.5 \\\text { September } & 1.8 \\\text { October } & 1.4 \\\text { November } & 1.1 \\\text { December } & 1.9\end{array}$$

• A) 1.77
• B) 1.9
• C) 1.55
• D) 2.47
• E) 1.47

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Definitions:

Quantity Sold

The total number of units of a product or service sold over a specific period of time.

Substitutes for Salt

Alternative ingredients or products used to replicate the taste or preservative qualities of salt in cooking and food preparation.

Consumer's Budget

The financial constraint or limit on the amount of goods and services a consumer is able to purchase, based on their income and the prices of goods and services.

Inelastic

Describes a situation where the demand or supply for a good or service is relatively unaffected by changes in price.