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question 69

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Use the information for the question(s) below.
Consider an economy with two types of firms,S and I.S firms always move together,but I firms move independently of each other.For both types of firm there is a 70% probability that the firm will have a 20% return and a 30% probability that the firm will have a -30% return.
-What is the expected return for an individual firm?


Definitions:

Older People

Individuals who are at a more advanced stage of life, commonly referring to those who are considered senior citizens or the elderly.

Elderspeak

A form of speech similar to baby talk, often used by younger people when communicating with the elderly, characterized by simplification and modification of tone.

Vocal Characteristic

The unique features and qualities of a person's voice, including tone, pitch, volume, and articulation, that distinguish their speech from others.

Higher Pitch

Refers to sounds that have a greater frequency, resulting in a sound that is perceived as 'higher' to the human ear.

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