Market Timers Attempt to Earn Excess Returns By

question 26

Multiple Choice

Market timers attempt to earn excess returns by:

• A)adjusting the ratio of aggressive equity securities to defensive equity securities.
• B)shifting the mix of short-term securities to long-term securities.
• C)varying the percentage of portfolio assets in equity securities.
• D)adjusting the ratio of primary market securities to capital market securities.

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Definitions:

Cultural Standards

The shared norms and values that define acceptable and desirable behavior within a particular society or community.

Process of Socialization

The process through which individuals learn and adapt to the norms, values, behaviors, and social skills necessary to interact within their society.

Socialization

The process by which individuals learn and adopt the norms, customs, values, and behaviors appropriate to their society or specific social group.

Secondary Socialization

Is socialization outside the family after childhood.