Who Made These Statements? "Conspicuous Consumption of Valuable Goods Is

question 230

Multiple Choice

Who made these statements? "Conspicuous consumption of valuable goods is a means of reputability to the gentlemen of leisure." "With the exception of the instinct of self-preservation,the propensity for emulation is probably the strongest and most alert and most persistent of the economic motives proper".

• A)John Maynard Keynes
• B)Milton Friedman
• C)Murray Weidenbaum
• D)Thorstein Veblen
• E)John Kenneth Galbraith

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Definitions:

Quarterly Returns

The investment gains or losses recorded by a fund or portfolio over a three-month period.

Standard Deviation

A statistical measure of the dispersion or variability of a set of data points, often used in finance to quantify the risk associated with a specific investment.

Risk-free Rate

The rate of return of an investment with no risk of financial loss, typically represented by the yield on government bonds.

Complete Portfolio

A diversified investment portfolio that contains a mix of assets in varying proportions, tailored to an investor's financial goals, risk tolerance, and investment horizon.