1. There isnt enough man power
2. Not enough recorces
3. Didnt have technology unlike now
Answer:freedom of speech for individuals and lawmakers
Explanation:
Haha, this will be fun
Let's see, when I was around 9 I had a painful accident, I was learning how to ride a bike and then...BOOM! I crashed into my sister, my sister was fine but my head was ble#ding, my left ankle was covered with blo#d, and the skin from my hands was peeled off and my thumb's nail was cracked, what caused this? Welling at the park I practiced boking at had a ton of Benches and unfortunately...I crashed onto one, I was rushed to the doctors and they said that everything was fine and would heal in a couple of weeks but the main problem was my ankle, somehow it got infected and I was in bed for 2 weeks! After that 2 weeks, I went back to the doctors and they said that I can walk but I can't run. after that accident, I never touched a bike ever again, as a 9-year-old, I thought I was going to die! What helped me cope? My parents bought me a bunch a toys and a dog, my sister(twin sister) also helped me recover by helping out mentally, I seriously thought that was going stir crazy since every time I ran for too long, my vision would go completely black for at least a soild 30 seconds. Ultimately, my family's love and care helped me recover.
brainliest please haha?
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:
brainly.com/question/15877803
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The answer should be the Radula
