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Which of the following can be considered as a risk-free asset in finding the efficient frontier?
Business Cycle Troughs
The lowest point in the business cycle, marking the transition from the end of a recession to the start of an expansion.
CPI
The Consumer Price Index (CPI) calculates the average price of a specific set of consumer items and services, including food, transportation, and medical care, which is used to gauge inflation by examining their weighted average cost.
Government Agency
An organization operated by the government to execute specific functions or provide services to the public.
CPI
The Consumer Price Index, a measure that examines the weighted average of prices of a basket of consumer goods and services, used as an indicator of inflation.
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