Which of the Below Statements Is TRUE

question 52

Multiple Choice

Which of the below statements is TRUE?

• A) A particularly useful way to quantify the uncertainty about the portfolio return is to specify the probability associated with each of the possible future returns.
• B) The expected return is simply the mean or average of possible outcomes without regard to each outcome's probability or weight.
• C) One measure of risk is the extent to which possible future portfolio values are likely to diverge from the last value.
• D) If risk is defined as the chance of achieving returns lower than expected, it would seem logical to measure risk by the dispersion of the possible returns above the expected value.

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Definitions:

Essential Services

Services deemed crucial for public welfare that cannot be interrupted, like healthcare and public transport, often subject to special labor relations rules regarding strikes.

Labor Market

The arena in which workers seek employment and employers seek workers, governed by the forces of supply and demand for labor.

National Labor Federation

An organization or association that represents multiple labor unions at a national level, coordinating actions and policies.

Union Bargaining Committees

Groups formed by labor unions that negotiate labor contracts and working conditions with employers.