A Financial Advisor Has Recommended Three High-Risk High-Yield Investments and Four

question 262

Multiple Choice

A financial advisor has recommended three high-risk high-yield investments and four low-risk low-yield investments to one of her clients. In how many ways can the client select one of each
Type of investment for his portfolio?

• A)7
• B)12
• C)64
• D)81

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Definitions:

Reproduced Practices

Actions or behaviors that are continually replicated within a society, contributing to the preservation of its cultural norms.

Structures

The arranged and organized patterns of relationships and institutions that shape society.

Formal Rationality

A concept in sociology that refers to the practice of achieving goals through a logical and efficient method, often associated with bureaucracies.

Lifeworld

The world of living experience and subjective interpretations, as distinguished from objective realms of science and social structures.