In 2008, Which of the Following Would Have Had the Best

question 39

Multiple Choice

In 2008, which of the following would have had the best overall return in the United States?

• A) A portfolio consisting of all stocks
• B) A portfolio consisting of all bonds
• C) A portfolio consisting of a mix of stocks and bonds
• D) A portfolio that had diversified stocks
• E) None of the above

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Definitions:

Productivity

A measure of efficiency, typically defined as the output of goods or services produced per unit of input, such as labor or capital.

Salvage Value

The forecasted remaining worth of an asset after its period of functionality has ended.

Replacement Parts

Components that are designed to replace original parts of a machine or system that have worn out or failed.

Commercial Substance

An occurrence in a transaction where the future cash flows or the economic circumstances of the involved parties change as a result.