Which of the Following Statements Is False

question 38

Multiple Choice

Which of the following statements is false?

• A) The portfolio that contains all shares of all stocks and securities in the market is called the efficient portfolio.
• B) The market portfolio is an efficient portfolio.
• C) We can measure the systematic risk of a security's return by its beta.
• D) Because it is difficult to find data for the returns of many bonds and small stocks, it is common practice to use the S&P 500 portfolio as a proxy for the market portfolio, under the assumption that the S&P 500 is large enough to be essentially fully diversified.

Discuss various trade policies and agreements, including GATT and the Trade Adjustment Assistance Act.

Understand the impact of labor migration on world output and economies of involved countries.

Recognize the complex relationship between immigration (legal and illegal) and the labor market, including displacement of domestic workers and wage impacts.

Analyze the role of economic factors in driving immigration, including the investment in human capital.

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Definitions:

Ohio Uniform Commercial Code

A collection of laws that govern commercial transactions in the state of Ohio, part of a larger uniform effort to harmonize the law of sales and other commercial transactions across the United States.

Federal Common Law

A body of law developed by the federal courts that applies nationwide, based on judicial decisions rather than statutes.

Unilateral Contract

A contract where one party makes a promise in exchange for a performance by the other party, which acts as acceptance of the offer.

Express Contracts

An express contract is a clearly stated agreement between parties, where the terms are explicitly mentioned either orally or in writing.