Unions Contribute to

question 13

Multiple Choice

Unions contribute to

• A)frictional unemployment but not the natural rate of unemployment.
• B)the natural rate of unemployment but not frictional unemployment.
• C)both frictional unemployment and the natural rate of unemployment.
• D)neither frictional unemployment nor the natural rate of unemployment.

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Definitions:

Less Risk-averse Investors

Less risk-averse investors are those willing to take on greater risks for the potential of higher returns, as opposed to being risk-averse who prefer safer, lower-return investments.

Probability Distribution

A mathematical description of the likelihood of various outcomes from a random event or experiment.

Global Minimum Variance Portfolio

A global minimum variance portfolio is an investment portfolio that is constructed to achieve the lowest possible risk or variance among all possible portfolios of assets.

Stocks A and B

Not a specific financial term, but could refer to two different stocks or classes of shares within a company, often with different rights and privileges.