Answer:
The part of a stock's return that is systematic is a function ofthe following variables:
I. Volatility in excess returns of the stock market
II. The sensitivity of the stock's returns to changes in the stock market
Explanation:
The Volatility in excess returns of the stock market and the The sensitivity of the stock's returns to changes in the stock market represent the part of the stocks return that is systematic
The money she received from her parents for the purchase of school supplies would be used as a medium of exchange.
<h3>What is money?</h3>
Money is anything that is generally chosen and accepted by a community, as a medium of exchange and standard of value.
Characteristics of money are:
- Medium of exchange
- Store of value
- Measure of value
Hence, the money she received from her parents for the purchase of school supplies would be used as a medium of exchange.
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The two terms are associated with MICHIGAN LEADERSHIP STUDIES which was geared toward identifying the communication patterns of leaders.
The study also identified three critical features of effective leaders, which are: task oriented behavior, participative leadership and relationship oriented behavior.
Simple answer is efficiency.
More output can be produced if labour specialised and focused on a particular activity.
One due to the time saved from switching tasks and secondly getting better (and faster) at what they do.
This leads to two outcomes.
1. Lower average costs of production
2. Greater output.
It is true that a landlord will check your credit report before renting to you.
