Which Statement Is an Example of Individual Choice

question 38

Multiple Choice

Which statement is an example of individual choice?

• A) The government announces plans to ban smoking in all Quebec restaurants.
• B) Lauren spends her allowance on pillows for her bed.
• C) France decides to withhold funding to rebuild Iraq.
• D) Africa decides to accept Canadian aid for humanitarian efforts.

---

Definitions:

Expected Rate

In finance, it typically refers to the predicted average rate of return on an investment over a specified period.

Standard Deviation

A statistical measure that quantifies the amount of variability or dispersion of a set of data values around the mean (average).

Risk-Free Asset

A financial instrument that is considered to have no risk of financial loss and typically features a guaranteed rate of return, such as government bonds.

Standard Deviation

A measure of the amount of variation or dispersion in a set of values, showing how much each value in the set differs from the mean.