The Best Return Measure to Use If You Are Trying

question 35

Multiple Choice

The best return measure to use if you are trying to measure the total effect of returns over time given some stated beginning amount is the:

• A)total return
• B)return relative
• C)cumulative wealth index
• D)total yield

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Definitions:

Scarce Resources

Natural, human, and artificial resources that are limited in supply and cannot satisfy all human wants and needs.

Secondary Effects

The unintended consequences of economic actions, which can occur as indirect results of a policy or event.

Economic Actions

Decisions or behaviors taken by individuals, firms, or governments that affect the production, distribution, and consumption of goods and services.

Positive Economic Statement

An objective statement about the economy that can be tested and validated through observation.