Examlex
Suppose everyone in a town prefers spending on improved public transportation systems instead of public parks,and prefers spending on public parks instead of building a public zoo.A voting system that would ensure that zoo funding would never beat spending on transportation would demonstrate which criteria for an ideal voting system?
Rate of Return
The positive or negative change in an investment's worth, calculated as a percentage of its original cost.
Correlation Coefficient
A numerical measure of the linear correlation between two variables, ranging from -1 to 1.
Riskless Portfolio
A theorized portfolio of investments that has a guaranteed return, with no risk of financial loss.
Risky Stocks
Shares in companies with high volatility and potential for substantial gains or losses.
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