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ers the question. 1. What is the most notable concepts developed by Robert. K. Morton: A) unintended consequences B) role model C) 'self-fulfilling prophecy D)

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ers the question. 1. What is the most notable concepts developed by Robert. K. Morton: A) unintended consequences" B) role model C) 'self-fulfilling prophecy D) All of the above 2 "The invisible hand" in The Wealth of Nations means: A) The natural force that guides free market capitalism B) Government controls on the market C) How the common man can invest money to gain the wealth D) All of the above 3. Gross Return is equal to : A) 1+stock return B)(1+stock return)/stock return 1-stock return D) (1-stock return)/stock return 4. Multiplication rule for independent events means A) Prob(A and B) = Prob(A)* Prob(B) B) Prob(A and B) = Prob(A)/ Prob(B) C) Prob(A and B) = Prob(A) - Prob(B) D) Prob(A and B) = Prob(A) +Prob(B) 5. Standard deviation is: A) Ameasure of dispersion B) Square root of variance C) A Mesure of how much two variables move together D) Minimize risk 6. What financial innovation did for financial market during past years? A) Pooling risks around the world B) Rapid change in financial technology C) Long-run risks still not managed well D) All of the above

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