Which of the following is typically used in empirical studies as a proxy for the market portfolio?
A)Consumer price index.
B)All Ordinaries Accumulation Index.
C)Treasury notes.
D)GDP.

Question

Quizplus · Accepted Answer

The All Ordinaries Accumulation Index is a commonly used market index in Australia that represents the overall performance of the Australian stock market. It is often used as a proxy for the market portfolio in empirical studies. The other options listed (consumer price index, Treasury notes, GDP) do not serve as proxies for the market portfolio.

Which of the Following Is Typically Used in Empirical Studies