The Following Statement, That the Value of an Investment to an Individual

question 12

Multiple Choice

The following statement, that the value of an investment to an individual is not dependent on consumption preferences, is called the:

• A) marginal rate of substitution.
• B) separation theorem.
• C) value additivity principle.
• D) investor's dilemma.

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Definitions:

Segregation

The enforced separation of different racial groups in a country, community, or establishment, often resulting in the use of separate facilities and services.

Chief Justice

The highest-ranking judge in a supreme court, responsible for leading the judiciary and presiding over cases of the highest importance.

Brown versus Board of Education

A landmark 1954 United States Supreme Court case that declared state laws establishing separate public schools for black and white students to be unconstitutional, thereby overturning the "separate but equal" doctrine and significantly advancing the Civil Rights Movement.

Earl Warren

The 14th Chief Justice of the United States, known for landmark decisions on civil rights, including Brown vs. Board of Education.