What Is Hall's Take on Marxism

question 27

Multiple Choice

What is Hall's take on Marxism?

• A) He suggests it oversimplifies the role of economic determinism but still stands by the idea of the haves and the have-nots.
• B) He argues against its basic and secondary premises completely.
• C) He advocates that Marxism is destructive to anyone except the least powerful.
• D) He would rather see the triumph of capitalism than further Marxist ideology.

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Definitions:

Nondiversifiable Risk

Risk that cannot be eliminated by investing in many projects or by holding the stocks of many companies.

Diversifiable Risk

Risk that can be eliminated either by investing in many projects or by holding the stocks of many companies.

Expected Return

Expected return is the anticipated profit or loss from an investment, factoring in all possible outcomes weighted by their probabilities.

Asset Beta

A constant that measures the sensitivity of an asset’s return to market movements and, therefore, the asset’s nondiversifiable risk.