Please see the questions below and answer them in a short few sentences. Each answer should be few sentences and 100% original

1) Define passive portfolio management and provide an example. Make sure your answer includes essential keywords that explain passive management.

2)A Person argues that it is impossible to construct a risk-free portfolio when we can use only two assets that are both risky. Do you agree or disagree with the person? Why? Explain

3) Suppose you see that a stock has a very high Price-to-earnings (P/E) ratio. Does it imply that this stock is overvalued? Why or why not? Explain.

4)List the five essential economic indicators of a country explained in the Bloomberg Market Concepts (BMC).

5)List the three major U.S. stock market indexes and explain why they have been showing very different performance this year since the COVID-19 pandemic started even though all three were developed to show the performance of the U.S. stock market.