An investment with more liquidity would be ideal for someone who a. knows they will need cash in the near future b. know they will need cash years from now c. wants to have a guaranteed source of income d. wants to have higher returns on their investments

The movement of an economy from one condition to another and back again

Two assets have the following expected returns and standard deviations when the risk-free rate is 5%: asset a e(ra) = 18.5% σa = 20% asset b e(rb) = 15% σb = 27% an investor with a risk aversion of a = 3 would find that on a risk-return basis. a. only asset a is acceptable b. only asset b is acceptable c. neither asset a nor asset b is acceptable d. both asset a and asset b are acceptable

:; )write a paragraph of two to three sentences and describe what will happen to a society that does not have a productive workforce?