The Illegal Event That Constituted the Start of the French

question 49

Multiple Choice

The illegal event that constituted the start of the French Revolution was the

• A) meeting between Quesnay and Adam Smith.
• B) storming of the Bastille.
• C) mutiny of the French army.
• D) action of the Third Estate in declaring itself to be a National Assembly.
• E) revolts of French peasants in the countryside.

---

Definitions:

Unique Risk

Risk that is specific to an individual asset or company, which can be mitigated through diversification.

Firm-Specific

Refers to risk or information that is unique to a particular company and not related to the market or industry.

Covariance

A measure used to determine how two variables change together, indicating the direction of the relationship.

Variance

A statistical measurement of the dispersion of data points in a data set around the mean, indicating the extent to which the numbers differ from each other.