Benedict Views Morality as Dependent on the Varying Histories and Environments

question 2

True/False

Benedict views morality as dependent on the varying histories and environments of different cultures. In this essay she assembles an impressive amount of data from anthropological research of tribal behavior on an island in northwest Melanesia from which she draws her conclusion that moral relativism is the correct view of moral principles.
-Ethical relativism is the view that some moral principles are universally valid.

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Definitions:

Market Portfolio

A hypothetical collection of all market assets, each proportioned by its market value.

Betas

An evaluation measure for the volatility or inherent risk present in a security or portfolio in comparison to the total market.

Treynor Measure

A performance metric for determining how well an investment compensates the investor for taking risk, calculated as the excess return over the risk-free rate relative to the beta of the portfolio.