There is a new cryptocurrency on the market called Hu$ky Coin that you are interested in investing in. There is no need to understand how cryptocurrency works. All you need to know is it is a highly volatile asset meaning the price goes up and down a lot, and there is a lot of risk associated with this cryptocurrency. You decide to diversify your investment portfolio by investing some into Hu$ky Coin and investing some into other investments. A. How does diversification work and how can it increase your investment portfolio return? B. If you invested in Hu$kyCoin, what would be your portfolio asset allocation strategy and why? Short answer 2 (8pts) A new gas tax is being considered in Washington right now to help curb greenhouse gas emissions. It's called the Low Carbon Fuel Standard. The purpose of this tax is to add more ethanol (plant based) to fuel at the pump as it generates less carbon when your car uses it. It would effectively add 25-60 cents per gallon of gas that you purchase to compensate for the more expensive fuel. A. What type of tax system is this tax (flat, progressive, regressive) and why? B. Do you think this particular tax is ethical? Please give 3 reasons for yes it is ethical and 3 reasons for no it is not ethical. Make sure each of your points are unique/ you aren't repeating yourself with slightly different wording