Treasury Bill Returns Are 4%, 3%, 2%, and 5% Over

question 17

Multiple Choice

Treasury bill returns are 4%, 3%, 2%, and 5% over four years. The standard deviation of returns of Treasury bills is ________.

• A) 1.55%
• B) 1.03%
• C) 0.90%
• D) 1.29%

Grasp the concept of higher indifference curves representing higher levels of total utility.

Understand the concept of utility maximization in consumer behavior.

Recognize the role of indifference curves and budget constraints in determining consumer choices.

Identify how the change in price of a good influences demand.

---

Definitions:

Lightness Constancy

The ability to perceive the color (or lightness) of an object as constant under varying lighting conditions.

Brightest

Having the most light or luminosity; often used metaphorically to describe highly intelligent or clever individuals.

Brightness Contrast

The appearance of a differently illuminated areas in the field of vision, resulting in the perception of varying levels of light intensity.

Lateral Inhibition

A neurological process where the firing rate of a neuron is decreased due to the activity of neighboring neurons, enhancing contrast in sensory perception.