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The table below shows the percentage of the labour force accounted for by males and females over a two-decade period.Assume that real GDP is equal to potential in each of the given years.
% of Labour Force
TABLE 30-4
-Refer to Table 30-4.Suppose that for each year listed the unemployment rate among males is 5% while it is 7% among females.By how much does this economy's NAIRU change between 1960 and 1975?
Systematic Risk
The danger that affects all investments within an entire market or a specific sector, commonly referred to as market risk or non-diversifiable risk.
Treasury Bills
Short-term government securities issued at a discount from the par value and pay no interest.
Market Portfolio
A theoretical portfolio that contains every asset in the market, weighted by market capitalization.
Security Market Line
A graphical representation of the expected return of investments as a function of their risk, specifically their beta.
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