The Genetic Information Nondiscrimination Act of 2008 (GINA)was Passed Amidst

question 4

Short Answer

The Genetic Information Nondiscrimination Act of 2008 (GINA)was passed amidst public concern for the collection and use of genetic information.Prior to its passage,the Americans with Disabilities Act protected anyone with a disability or perceived disability and the Health Information Portability and Accountability Act (HIPAA)protected people from intrusion in to medical records.Was GINA a necessary act or was it merely passed for political reasons?

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Definitions:

Risk Premium

The additional return expected by an investor for taking on a higher level of risk, compared to a risk-free investment.

Risky Asset

An investment that holds a significant chance of losing all or part of its value.

Risk-free Asset

An investment option that ensures a definite return and carries no risk of losing money.

Portfolio Weights

The percentages of the total investment that are held in various components of a portfolio.