Explanation:
Here r the things thet upset the ecological balance
1 Deforestation
2Over population
3 Burning of fossil fuel
4 pollution
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Answer: The statement that is accurate about law making process is the fact that A bill can have a second chance after a veto.
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.
Learn more about Security Market Line (SML) on:
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<span>o ask a still more obvious question, what is the purpose of this technological progress? What higher aim do we think it is serving? Surly the aim cannot be the integrity or happiness of our families, which we have made subordinate to the education system, the television industry, and the consumer economy. Surely it cannot be the integrity of health of out communities, which we esteem even less than we esteem our families. Surly it cannot be love of our country, for we are far more concerned about the desecration of the flag than we are about the desecration of our land. Surly it cannot be the love of God, which counts for at least as little in the daily order of business as the love of family, community, and country.</span>
Answer: A) Reduced; Safer
Explanation: Equiping highway riders especially drivers with adequate knowledge as regards safe driving tips such as being conscious of driving speed and speeding areas on the highway, the use of traffic pointers, poor habits which should be avoided while or prior to mounting the wheels and explaining essential traffic rules.
If drivers abide and put these knowledge into use, there will be reductiin in the need for highway policing which are used to keep drivers in check and the cost expended on damages caused by reckless and careless driving. This will inadvertently lead to a safer highway for both drivers and commuters.
