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What are the signs of a risk-averse person?
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What is the basic principle of utilitarianism?
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Utility
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When investors require higher rates of return for investments that have higher variability of returns, this is evidence of risk aversion. True or false?
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Assume you can lend and borrow at 10% and have $5,000 in income in each of two periods. What is your opportunity set?
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Fred and Ethel are both considering buying a corporate bond with a coupon rate of 8%, a face value of $1,000, and a maturity date of January 1, 2025. Which of the following statements is the most co
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Consider a coin toss game. You pay $10 to play. If heads comes up, you receive $20. If tails comes up, you receive $0. Which of the following is true? A. The expected net payoff of this game is $10. B. No risk-averse person will play this game. C. A risk-
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