The Social Class Bias in Association Membership Is Complimented by the Social

question 7

Multiple Choice

The social class bias in association membership is complimented by the social class origins of

• A) lobbyists.
• B) demagogues.
• C) members of Congress.
• D) civil rights organizations.

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Definitions:

CAPM

The Capital Asset Pricing Model, a theory used to determine the expected return on an investment, factoring in risk and the time value of money.

Risk-free Rate

The return on an investment with zero risk, typically represented by the yield on government securities.

Capital Asset Pricing Model

A model that describes the relationship between systematic risk and expected return for assets, particularly stocks, used in finance to price risky securities.

William Sharpe

An economist who created the Sharpe Ratio, a measure to calculate risk-adjusted return.