Examlex

Solved

The Returns on Your Portfolio Over the Last 5 Years

question 31

Multiple Choice

The returns on your portfolio over the last 5 years were -5%,20%,0%,10% and 5%. What is the arithmetic average return?


Definitions:

Demand Curve

A visual depiction that illustrates the correlation between a product's price and the amount consumers want to buy.

Consumer Surplus

The difference between the total amount that consumers are willing and able to pay for a good or service versus the total amount that they actually do pay.

Total Utility

The total satisfaction or benefit obtained from consuming a given quantity of goods or services.

Marginal Utility

The added satisfaction or utility that a consumer derives from consuming an additional unit of a good or service.

Related Questions