The Stock of Newmont Mining,the World's Largest Gold Producer,has Above-Average

question 85

True/False

The stock of Newmont Mining,the world's largest gold producer,has above-average volatility but relatively low beta.

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Definitions:

Proper Clause

The clause in the U.S. Constitution granting Congress the power to make all laws which shall be necessary and proper for carrying into execution its powers.

Elastic Clause

The provision in the U.S. Constitution that grants Congress the power to pass all laws necessary and proper for carrying out its enumerated powers, also known as the Necessary and Proper Clause.

Full Faith

A principle requiring states to respect and enforce the public acts, records, and judicial rulings of other states, derived from the U.S. Constitution.

Supremacy Clause

A clause in the United States Constitution declaring that federal law is the "supreme law of the land" and takes precedence over state laws and constitutions when they conflict.