The Asset Commonly Used as the Risk-Free Asset Is

question 59

Multiple Choice

The asset commonly used as the risk-free asset is:

• A) Small company stocks.
• B) Gold.
• C) The Consumer Price Index.
• D) Long-term corporate bonds.
• E) Treasury bills.

---

Definitions:

Emancipation

The act of freeing someone from bondage or slavery; best known historically as the emancipation of enslaved individuals in the United States during the Civil War.

Compensated Emancipation

A policy of freeing enslaved people whereby former slave owners were compensated financially for the loss of their slaves.

Rebellious Territories

Regions or areas that resist or defy central authority or governance, often leading to conflict.

Preliminary Emancipation Proclamation

An executive order issued by President Abraham Lincoln in 1862, announcing the future emancipation of all slaves in any state of the Confederate States of America that did not return to Union control.