Answer:
Explanation:
Booker T. Washington- encouraged African Americans to improve their educational and economic well being (wealthier) in order to end segregation. this will give people more respect and get better jobs.
W.E.B DuBois- believed African Americans should protest unjust treatment and demand equal rights.
I think Booker T Washington had a better strategy because it is better to improve yourself because it will last, Protest will not last. He gives them the intelligence people need to be respected in the society. Gain rights on your own. The problem is it is not easy for Blacks to get a better education because of the court case Plessy.v.Furguson seperate but equal.
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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Lobbyists can provide valuable information, political intelligence, and reelection funding, making legislators with whom they agree more effective.
<h3>What are Lobbyists?</h3>
- Professional advocates who work to sway political outcomes on behalf of people and organizations are known as lobbyists.
- This campaigning may result in the introduction of new legislation or the revision of already-enacted rules and regulations.
- In politics, lobbying, persuasion, or interest representation refers to the practice of legally attempting to influence the decisions, actions, or policies of public servants, most frequently politicians or regulators.
- Many different sorts of persons, associations, and organized groups, including those in the private sector, corporations, other legislators or government officials, or advocacy groups, engage in lobbying, which typically entails direct, face-to-face interaction.
- A legislator's constituents can include lobbyists, which refers to a voter or group of voters in their electoral district, or they can lobby on behalf of a company.
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