Every major contraction in the u. s. economy has either been created or greatly exacerbated by monetary instability. every major inflation has been caused by monetary expansion. which of the following economists made this statement?
a. milton friedman
b. john maynard keynes
c. adam smith
d. paul samuelson
Answers: 1
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Kumar consulting operates several stock investment portfolios that are used by firms for investment of pension plan assets. last year, one portfolio had a realized return of 12.6 percent and a beta coefficient of 1.15. the average t-bond rate was 7 percent and the realized rate of return on the s& p 500 was 12 percent. what was the portfolio's alpha?
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