Modern Democracies

question 6

Multiple Choice

Modern democracies

• A) are built on the liberal principles of the eighteenth century.
• B) recognize political rights for all citizens.
• C) recognize economic rights for all citizens and non-citizens.
• D) oblige governments to protect individuals from criminals.

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Definitions:

Treynor Measure

A formula used to measure the returns earned in excess of that which could have been earned on a risk-free investment per unit of market risk.

Standard Deviations

A statistical measure that quantifies the amount of variation or dispersion of a set of data values, often used in finance to measure the volatility of an asset's returns.

Beta

A measure of a stock's volatility in relation to the overall market; a beta greater than 1 means the stock is more volatile than the market, while less than 1 means less volatile.

Residual Standard Deviation

A statistical measure that quantifies the amount by which an observed variable differs from its estimated value.