In 1955 Consumers Spent ____ Cents of Every Dollar on Services;but

question 157

Short Answer

In 1955 consumers spent ____ cents of every dollar on services;but today ____ cents of every consumer dollar goes to services.

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Definitions:

Risk-Free Rate

The expected yield from an investment that is considered free from the risk of financial loss, often exemplified by the returns on government bonds.

Optimal Risky Portfolio

A portfolio that offers the highest expected return for a given level of risk or the lowest risk for a given level of expected return.

Expected Return

The average return anticipated on an investment over a given period, accounting for the different rates of return and their probabilities.

Portfolio Variance

A measure of the dispersion of the returns of a portfolio, indicating the level of risk involved.