Examlex
A stock has an annual standard deviation of 64 percent. What is the standard deviation of the stock for two years?
Society
A group of individuals involved in persistent social interaction, or a large social group sharing the same geographical or social territory, typically subject to the same political authority and dominant cultural expectations.
Goods And Services
The outputs offered in an economy for consumption, where goods are physical items and services are activities performed for others.
Socially Optimal
A condition or point at which the societal welfare is maximized, considering both efficiency and equity.
Marginal Social Cost
The total cost to society of producing an additional unit of a good, including both private costs and any externalities.
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