Use the Table for the Question(s)below

question 60

Multiple Choice

Use the table for the question(s) below.
Consider the following average annual returns:
-What is the excess return for Treasury Bills?

• A)0%
• B)-8.4%
• C)-2.7%
• D)-1.4%

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Definitions:

McDonaldization

The process by which the principles of the fast-food restaurant are coming to dominate more sectors of American society as well as the rest of the world, leading to increased efficiency, predictability, calculability, and control through the substitution of non-human for human technology.

Irrationality of Rationality

A concept suggesting that rational systems or practices can lead to outcomes that are irrational or harmful to societal well-being.

Unintended Consequences

Outcomes that are not foreseen or intended by a purposeful action, which can be positive, negative, or inconsequential.

Cultural Hybridization

The process by which cultures interact, blend, and create new cultural forms, leading to a mixture of cultural expressions and practices.