Examlex
Define hourly wage, piecework rate, and salary.
Market Portfolio
A theoretical bundle of investments that contains all available assets in the market, representing the entire investment universe at a given time, used in financial theory to model returns.
Jensen's Measure
A performance evaluation tool that measures the excess return a fund generates over its expected return, given its risk level.
Risk-Free Return
The return on an investment that is guaranteed not to result in any loss, often associated with government securities.
M2 Measure
A broad measure of money supply that includes cash, checking deposits, savings deposits, money market securities, mutual funds, and other time deposits.
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