Answer: Treasuries (especially T-bills) are considered to be risk-free because the U.S. government backs them. Because they are so safe, the return on risk-free assets is very close to the current interest rate. Many academics say that there is no such thing as a risk-free asset because all financial assets carry some degree
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In 1889, the Standard Oil Refinery became a source of prosperity for the state of Cleveland, however the pollution they belched into the atmosphere damaged the air around the area. It also damaged the water where the refinery discharged oil into the Cuyahoga River that major fires broke out on the water in 1936, 1952 and 1969. It damaged a lot of property and changed the way industrial plants operated.
A plateau is a raised, flat-surfaced area bound on one or more sides by cliffs or steep slopes.
