Most of the Text of the Declaration of Independence

question 123

Multiple Choice

Most of the text of the Declaration of Independence:

• A) was originally drafted by Benjamin Franklin and then brilliantly edited by Thomas Jefferson.
• B) consists of a list of grievances against King George III.
• C) is an updated version of John Locke's classic,The Rights of Man.
• D) specifically attacks the idea that Parliament has a right to enact any laws for the colonies.
• E) is an irrefutable argument for the notion of virtual representation.

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Definitions:

Market Timing

Asset allocation in which the investment in the market is increased if one forecasts that the market will outperform T-bills.

Alpha Forecasts

Estimates or predictions of the active return on an investment, indicating how a security or portfolio is expected to perform relative to a benchmark index.

Forecast Imprecision

The degree of uncertainty or potential error in predicting future values or outcomes, often associated with economic, financial, or statistical forecasts.

Active Portfolio

An investment portfolio that is managed with the goal of outperforming a benchmark, often through frequent trading and strategy adjustments.