Beedles,Dodd and Officer (1988)find That Australian Small Firms Have Risk-Adjusted

question 31

True/False

Beedles,Dodd and Officer (1988)find that Australian small firms have risk-adjusted returns of around 8% p.a.

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Definitions:

Normative Economics

A branch of economics that expresses value judgments about economic fairness or what the economy ought to be like, focusing on policy prescriptions and outcomes.

Unintended Consequences

Outcomes that are not the ones foreseen or intended by a purposeful action, often contrasting with the action’s intended effects.

Endangered Species

Species of animals or plants that are at risk of extinction throughout all or a significant portion of their habitat.

Opportunity Cost

The trade-off of potential gains in alternate choices when one is chosen.