If Private Entities Engage in Public Functions,constitutional Guarantees Such as Free

question 87

Multiple Choice

If private entities engage in public functions,constitutional guarantees such as free speech and due process may apply to their actions under the ____ doctrine.

• A) state action
• B) federal preemption
• C) interstate commerce
• D) supremacy

Understand and calculate covariance between two securities.

Understand and calculate the correlation coefficient between two securities.

Calculate the expected return of a portfolio based on its constituents and their weights.

Understand the concept of perfectly negatively correlated securities and their impact on portfolio risk and return.

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Definitions:

Open Economy

An economy that engages in international exchange of goods, services, and capital.

National Saving

The total amount saved by the government, households, and the business sector in an economy.

Net Capital Outflow

The difference between the purchase of domestic assets by foreigners and the purchase of foreign assets by domestic residents over a specific period, reflecting the flow of capital out of and into a country.

Buy American Campaign

A movement encouraging consumers to purchase goods made in the United States in order to support domestic businesses and labor.