What are the different categories of risk preferences? Explain
What will be an ideal response?
The three categories of risk preferences are:
a) Risk-averse: Risk-averse people prefer to invest in options that have less risk.
b) Risk-neutral: Risk-neutral people do not care about the level of risk involved in investment options.
c) Risk-loving: Risk-loving people prefer to invest in options that have high risk.
Economics
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Policy that tries to influence target variables by changing the tax rates is called
A) fiscal policy. B) tax rate policy. C) recession policy. D) monetary policy.
Economics
Which statement is false?
A. Oligopolies are illegal in most states. B. Most oligopolies engage in outright collusion. C. Ford Motor Company is an oligopoly. D. None of these statements are false.
Economics