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When Parks Canada spends money on promoting the use of national parks as perfect sites for a summer vacation,then motels,campgrounds,and other tourist attractions in the private sector may become less attractive to consumers.If,as a result of the promotion,consumers spent more money on trips to the national parks and less money in the private sector for their vacations,what would have occurred?
Portfolio Standard Deviation
A measure of the volatility of the returns on a portfolio, indicating the portfolio's overall risk level.
Countercyclical Stock
A type of stock whose performance is inversely related to the overall economic cycle, often performing better during economic downturns.
Expected Return
It represents the weighted average of all possible returns from an investment, considering the probabilities of each outcome.
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