There is a capital difference between all the other civilizations mentioned, even if Greeks were heavily influenced by them and adopted many of their advancements and scientifical discoveries or art, technology and so far.
Other things held constant, if the expected inflation rate DECREASES, and investors also become MORE risk averse, the Security Market Line would shift in<u> have a steeper slope </u>manner.
<h3>What is the Security Market Line (SML)?</h3>
The security market line (SML) is the Capital Asset Pricing Model (CAPM). It gives the market’s expected return at different levels of systematic or market risk. It is also called the ‘characteristic line’ where the x-axis represents the asset’s beta or risk, and the y-axis represents the expected return.
<u>Security Market Line Equation</u>
The Equation is as follows:
SML: E(Ri) = Rf + βi [E(RM) – Rf]
In the above security market line formula:
- E(Ri) is the expected return on the security.
- Rf is the risk-free rate and represents the y-intercept of the SML.
- βi is a non-diversifiable or systematic risk. It is the most crucial factor in SML. We will discuss this in detail in this article.
- E(RM) is expected to return on market portfolio M.
- E(RM) – Rf is known as Market Risk Premium.
<u>Characteristics of the Security Market Line (SML) are as below:</u>
- SML is a good representation of investment opportunity cost, which combines the risk-free asset and the market portfolio.
- Zero-beta security or zero-beta portfolio has an expected return on the portfolio, which is equal to the risk-free rate.
- The slope of the Security Market Line is determined by the market risk premium, which is: (E(RM) – Rf). Higher the market risk premium steeper the slope and vice-versa
- All the assets which are correctly priced are represented on SML.
- The assets above the SML are undervalued as they give a higher expected return for a given amount of risk.
- The assets below the SML are overvalued as they have lower expected returns for the same amount of risk.
Therefore, we can conclude that the correct option is A.
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Answer:
The answer is D. Another teacher puts his notes on PowerPoint and lectures from them to help students take precise notes that capture the content without misunderstandings.
Explanation:
Of all of the strategies the teachers used, this one is the least likely to meet the principal's expectations because it is the one that corresponds the least to the constructivist perspective in education. This perspective states that students should have a more active role in the learning process, and they should be able to apply knowledge to everyday situations outside school. They should also play an active role in the assessment of what they have learned, learning to reflect upon their learning process.
By putting his notes on PowerPoint so students can copy it, the teacher is not planning activities that involve student participation, on the contrary, they have a pasive role.
Answer:
1. direct democracy
2. Greek democracy created at Athens was direct, rather than representative: any adult male citizen over the age of 20 could take part, and it was a duty to do so. The officials of the democracy were in part elected by the Assembly and in large part chosen by lottery in a process called sortition.
3. To be classed as a citizen in fifth-century Athens you had to be male, born from two Athenian parents and over eighteen years old, and complete your military service. Women, slaves, metics and children were not allowed to become citizens.
