Personal Relationships Are Characterized By

question 3

Multiple Choice

Personal relationships are characterized by:

• A) Replaceability of the other person
• B) Standardization of the tasks performed by the other person
• C) Uniqueness of the social function performed by the other person
• D) Interchangeability of the other person

---

Definitions:

Systematic Risk

The danger that affects all investments within an entire market or a specific sector, commonly referred to as market risk or non-diversifiable risk.

Treasury Bills

Short-term government securities issued at a discount from the par value and pay no interest.

Market Portfolio

A theoretical portfolio that contains every asset in the market, weighted by market capitalization.

Security Market Line

A graphical representation of the expected return of investments as a function of their risk, specifically their beta.