________ is an organized movement of concerned citizens, businesses, and government agencies to protect and improve people's current and future living conditions
A) Consumerism
B) Environmentalism
C) Protectionism
D) Socialism
E) Aestheticism
B
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In the workplace, argument and persuasion are used on a daily basis
Indicate whether this statement is true or false.
You have just read the annual report of a mutual fund. It boasted of a 26% return and advertised that it had beat the market return last year by three percentage points
In doing some research you discover the fund had a beta of +1.5 and the return on risk-free Treasury securities was 15.0%. Assuming a market risk premium of 8.0% should be used to evaluate performance means that A) the fund's performance was impressive; three percentage points is significant, given the above data. B) the fund's performance was good, but not impressive; it beat the market, but only by one percentage point?not three. C) the fund's performance was no better than what you would have expected. D) the fund's performance was actually a percentage point less than what you would have expected.