Examlex
Which of the following statements is true regarding time diversification?
i. The standard deviation of the average annual rate of return over several years will be smaller than the one-year standard deviation. II. For a longer time horizon, uncertainty compounds over a greater number of years.
III. Time diversification does not reduce risk.
Procedural Due Process
A legal principle requiring government actions against individuals to follow fair procedures to protect rights.
Real Property
Refers to land and anything permanently attached to it, such as buildings, also including rights and interests in the property.
Food Stamps
A government assistance program providing low-income households with funds to purchase food, now commonly known as the Supplemental Nutrition Assistance Program (SNAP).
Judicial Review
The power of courts to assess the legality of actions or decisions made by the government or other public bodies.
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