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Use the table for the question(s) below.
Consider the following expected returns,volatilities,and correlations:
-The volatility of a portfolio that consists of a long position of $10,000 in Wal-Mart and a short position of $2000 in Microsoft is closest to:
Economy
A system of production, distribution, and consumption of goods and services within a certain geographical area.
Trouble
A vague term that could refer to difficulties or problems but lacks specificity in an economic or defined key-term context.
Implementation Lag
The time between the identification of a need for a policy and the moment the policy takes effect.
Fiscal Policy
Governmental adjustment of its spending levels and tax rates to monitor and influence a nation's economy.
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