When a Married Couple or a Parent and Child Unit

question 39

Short Answer

When a married couple or a parent and child unit live in a household headed by someone else (a parent, other relative, or other non-relative), they are referred to as a _________.

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Definitions:

Well-Diversified Portfolio

A portfolio spread out over many securities in such a way that the weight in any security is close to zero, resulting in negligible diversifiable risk.

Systematic Risk

The risk inherent to the entire market or market segment, which cannot be eliminated through diversification.

Unsystematic Risk

Unsystematic risk refers to the risk associated with individual investments or sectors, not affected by broader market movements.

Expected Rate of Return

The probable returns on an investment averaged over a period, accounting for the varying risks and rewards.