Which of the Following Statements Is FALSE

question 76

Multiple Choice

Which of the following statements is FALSE?

• A)When an investment is risky,there are different returns it may earn.
• B)In finance,the variance of a return is also referred to as its volatility.
• C)The expected or mean return is calculated as a weighted average of the possible returns,where the weights correspond to the probabilities.
• D)The variance is a measure of how "spread out" the distribution of the return is.

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Definitions:

New Public Management

An approach towards public administration that emphasizes efficiency, decentralization, and the adoption of private sector management practices within the public sector.

Free Market Ideas

Economic principles that advocate for minimal government intervention in the marketplace, allowing the forces of supply and demand to determine prices and production.

Private-Sector Management

Management practices and principles used in private businesses, focusing on efficiency, profitability, and market competition.

Mainstream Economics

Refers to the body of knowledge, theories, and models in economics that are widely accepted and taught across prominent universities and colleges.