The Immigration Reform and Control Act of 1986

question 196

Multiple Choice

The Immigration Reform and Control Act of 1986

• A) increased fines on employers who hire illegal immigrants.
• B) boosted funding for fencing, monitoring, and policing the U.S.-Mexican border.
• C) created a guest-worker program.
• D) created an amnesty program for illegal immigrants.

---

Definitions:

Rate of Return

The profit or deficit from an investment during a designated time frame, represented as a fraction of the investment's initial value.

Security Market Line

A graphical representation that shows the relationship between the risk of an investment and its expected return, based on the capital asset pricing model.

Expected Return-Beta Relationship

The concept that the expected return of an investment is dependent on its beta, which measures its systemic risk relative to the overall market.

Efficient Frontier

Graph representing a set of portfolios that maximize expected return at each level of portfolio risk.