If two events are perfectly positively correlated, then
A) diversification is not necessary since there is no risk.
B) diversification eliminates all risk.
C) diversification does not reduce risk at all.
D) diversification only cuts the risk in half.
C
Economics
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a. standard of living b. privatize c. economic system d. self-interest e. factor payments
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Currency circulated by banks that could be redeemed for gold was called
A) junk bonds. B) banknotes. C) gold bills. D) state money.
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