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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.
-The standard deviation for the return on an individual firm is closest to:


Definitions:

Social Networks

The structures made up of individuals or organizations that are connected by one or more specific types of interdependency, such as friendships, kinship, common interests, financial exchange, or relationships of beliefs, knowledge, or prestige.

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Individuals of the opposite gender with whom one interacts socially, often important for social development during childhood and adolescence.

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Caregivers who successfully promote their children's physical, emotional, social, and intellectual development through nurturing, guidance, and structured support.

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The sequence of changes or growth that an individual undergoes over time, often used in the context of psychological or physical development.

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