What Statement Most Accurately Describes the U

question 17

Multiple Choice

What statement most accurately describes the U.S. colonial economy in the 1700s?

• A) The Middle Colonies had big trade surpluses from their large shipments of food.
• B) The majority of the population lived in the large urban areas along the Atlantic coast.
• C) Once indentured servants completed their indentures, they moved to the lower South, where the agricultural productivity was highest.
• D) Colonial America was the first region in the world to use paper money after 1500.

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Definitions:

Unsystematic Risks

The portion of risk in an investment that is attributable to the specific circumstances of an individual company or industry.

Efficient Frontier

A concept in portfolio theory where an investment portfolio is said to be efficient if it offers the highest expected return for a given level of risk.

Volatility

A statistical measure of the dispersion of returns for a given security or market index, indicating how much the price of a security, derivative, or index fluctuates.

Stock Betas

An index for determining the degree of volatility, or built-in risk, that a security or a portfolio encounters in comparison with the market at large.