In the Context of Industrial Policies,weak States Are Characterized by

question 41

Multiple Choice

In the context of industrial policies,weak states are characterized by

• A) high degree of centralization of authority.
• B) high degree of coordination among state agencies.
• C) large number of channels through which societal actors can attempt to influence policy.
• D) small number of channels through which societal actors can attempt to influence policy.
• E) weak business and labor interest groups.

---

Definitions:

Market Risk Premium

The additional return expected by investors for holding a risky market portfolio instead of risk-free securities.

Unique Risk

The risk specific to an individual asset, such as a stock, which can be mitigated through diversification.

Individual Security

A financial instrument (such as a stock or bond) representing an individual's ownership or creditor relationship with a corporation or governmental entity.

Market Risk Premium

The excess return that investors require for choosing a risky investment over a risk-free investment.