Examlex
The demand for labour is a derived demand.Explain what is meant by the term 'derived demand.'
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Beta
An index for assessing the variation or inherent risk of a security or a portfolio as compared to the aggregate market.
Sharpe Measure
A metric used to evaluate the risk-adjusted return of an investment, calculating the difference between the returns of the investment and the risk-free rate, divided by the standard deviation of the investment’s returns.
Beta
A criterion for quantifying the instability or systematic risk of a security or a portfolio in contrast to the market as a whole.
Treynor Measure
A performance metric for determining how well an investment compensates the investor for taking a risk, adjusted for the risk-free rate.
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