Which English Philosopher Set Out to Develop an Arithmetic Formula

question 147

Multiple Choice

Which English philosopher set out to develop an arithmetic formula for measuring happiness and along the way invented the util?

• A) John Maynard Keynes
• B) Milton Friedman
• C) Jeremy Bentham
• D) Adam Smith

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Definitions:

Beta

A unit of measurement for the swings, or integral risk, experienced by a security or portfolio in relation to the wider market.

Common Stock

An equity investment representing ownership in a company, entitling holders to vote at shareholder meetings and receive dividends.

Weighted Average Cost

A method of calculating the total cost of goods sold or assets that weighs each item's cost proportionately.

Face Value

The original value or principal amount of a security as stated by the issuer.