The work process is one of the type of standard procedure that helps in understanding and also handle the overall performance of the work in an organization.
It is also known as the wok in process as it defining the specific requirement of the tools and the main role and responsibility in an organization.
According to the given question, the work process helps in dividing the responsibility of each job in an organization. Therefore, the work process is one of the example of the grouping employees.
I believe that the $500 cheque from your parents has already been counted when it was earned and therefore would neither increase or decrease GDP. GDP is defined basically as a bulk measure of production that is equal to the sum of all gross values of all units involved in production.
In calculating the beta of the whole portfolio, we can calculate the weighted average beta of each stock .The sum of all weighted betas give the beta of the entire portfolio.
Beta of portfolio=amounted in first stock/entire amount invested*beta of the first+amount invested in second stock/entire amount invested *beta of the second stock
Beta of portfolio=($32000/($32000+$42000))*1.1+($48000/($32000+$48000))*1.3
