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Hochschild (1989, 2012) concluding that, if "work" is defined as including work for pay outside the home plus work done in the home, then women worked, on average, ______ hours more per week than men did.
Investment Management Process
The series of steps and decisions involved in managing an individual's or institution's investments, from setting objectives to selecting assets and monitoring performance.
Prudent Investor Rule
The prudent investor rule is a legal guideline advising trustees to manage others' funds by diversifying investments and taking a reasonable level of risk, as a prudent investor would.
Risky Investments
Investments that carry a high degree of risk of losing the principal amount invested, often associated with higher potential returns.
Liquidity Constraint
A situation where an individual or firm is unable to convert assets into cash quickly without significant losses.
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