Which One of the Following Statements Must Be True

question 84

Multiple Choice

Which one of the following statements must be true?

• A)All securities are projected to have higher rates of return when the economy booms versus when it is normal.
• B)Considering the possible states of the economy emphasizes the fact that multiple outcomes can be realized from an investment.
• C)The highest probability of occurrence must be placed on a normal economy versus either a boom or a recession.
• D)The total of the probabilities of the economic states can vary between zero and 100%.
• E)Various economic states affect a portfolio's expected return but not the expected level of risk.

---

Definitions:

Wear-and-Tear Theory

A concept suggesting that aging results from the accumulation of cellular and molecular damage over time, leading to the deterioration of bodily functions.

Genetic-Programming

The biological process by which genes direct the development, behavior, and physical traits of an organism.

Hayflick Limit

A theory suggesting that most human cells have a limit to how many times they can divide, linked to the aging process.

Primary Aging

The natural and inevitable biological and physiological changes that occur with advancing age, regardless of health habits.