Answer:
Some people would hold gold instead of stocks because even if the average expected return of gold is a lot lower than the average expected return of stocks (10% vs 18%), the standard deviation of gold is 30%, while that of stocks is 18%.
This means that while on average stocks earn the investor a higher average return, in some cases, gold earns even higher returns to investors. However, the probability of getting those high returns on gold is still lower, which makes gold a riskier investment.
The FCRA is a law established to regulate credit reporting agencies and make sure the information they use in determining a consumer's credit score is accurate and fair, and also doesn't rely on private protected information.
Answer:
Related to Micro Economics : A, B, C, E.
Related to Macro Economics : D.
Explanation:
Micro Economics is the study of a single individual consumer, producer, industry. Eg - Price of a good
Macro Economics is the study of all consumers, producers, industries of the economy at a whole. Eg - General Price level.
Both Micro Economics and Macro Economics deal with aggregates. But:- Micro Economic aggregates have lower level of aggregation & are contextually less related to wide total, than Macro Economics.
<u>Micro Economics </u>: 'A student's decision about how to allocate his time between studying two subjects' ; 'A firm's decision on which production method to use' :- are related to single economic units.
'The effect of rent control on the housing market' ; 'The effect of externality on the quantity produced by the market' :- are related to only those particular industry markets & not to economy as a whole.
<u>Macro Economics </u>: 'The effect of an increase in income tax on national income' :- is an impact of country's government policy at its whole national income.