The People Listed Below Are All Between the Ages of 70

question 68

Multiple Choice

The people listed below are all between the ages of 70 to 75. Who is most likely to be living in poverty?

• A) John, who is living with his son's family
• B) Paul, who lives alone
• C) Georgette, who lives alone
• D) Ringo, who lives with his wife

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Definitions:

Portfolio

An assortment of financial assets owned by a person or an organization.

Beta

A criterion for the volatility, or established risk, inherent in a security or portfolio ensemble in the context of the broader market.

Portfolio

A collection of financial investments like stocks, bonds, commodities, cash, and cash equivalents, including mutual funds and ETFs.

Risk-Free Asset

An investment with a guaranteed return and no possibility of default, typically associated with government bonds.