The Spread of Material and Nonmaterial Culture to New Cultural

question 8

Multiple Choice

The spread of material and nonmaterial culture to new cultural groups, even when there is no migration of people, is called:

• A) cultural diffusion.
• B) cultural leveling.
• C) cultural lag.
• D) culture shock.
• E) postmodernism.

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Definitions:

Efficient Frontier

Efficient Frontier is a concept in modern portfolio theory that refers to a set of investment portfolios that offer the highest expected return for a given level of risk.

Standard Deviation

A measure of the dispersion or variability of a set of data points or investment returns around the mean.

Covariance

A measure indicating the degree to which two variables move in relation to each other.

Risk-Free Rate

The theoretical return on investment with no risk of financial loss, typically represented by the yield on government securities.