Sometimes a Group of People Within the Domain of a State

question 24

Multiple Choice

Sometimes a group of people within the domain of a state creates their own nongovernmental organizations (NGOs) in an effort to challenge inequities and assert their political rights to resources and recognition within their state. What do we call this type of formal organization?

• A) local service agency
• B) international aid society
• C) indigenous charity
• D) civil society organization

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Definitions:

Expected Return

The weighted average of all possible returns from an investment, where each return is weighted by its probability of occurring.

Real Estate Project

An initiative involving the purchase, improvement, management, or sale of property assets for the purpose of generating profits or revenue.

Risk-Free Asset

An investment that is expected to return its original value without any loss, theoretically free from default risk.

MRS

Marginal Rate of Substitution, the rate at which a consumer can give up some amount of one good in exchange for another good while maintaining the same level of utility.