Examlex
In constructing a portfolio of investments,you can eliminate random risk but not market risk.
Positive
Refers to factual statements or assertions that can be tested or verified.
Economic Growth
An increase in the production of goods and services in an economy over a period of time, typically measured by GDP.
Normative
Normative economics involves expressions of judgments or opinions on economic policies, reflecting values about what the economy should be like.
Health Insurance
A type of insurance coverage that pays for medical and surgical expenses incurred by the insured.
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