Evidence has suggested that borrowing is than taxation by politicians to finance fiscal policy spending, which has led to a(n) of the federal government over the last few decades. a) less favored; contraction b) less favored; expansion c) more favored; expansion d) more favored; contraction

The returns on the common stock of maynard cosmetic specialties are quite cyclical. in a boom economy, the stock is expected to return 22 percent in comparison to 9 percent in a normal economy and a negative 14 percent in a recessionary period. the probability of a recession is 35 percent while the probability of a boom is 10 percent. what is the standard deviation of the returns on this stock?