Concerning an investment project, which of the following is TRUE?
A) A risk-neutral individual is more likely to invest than a risk-averse individual.
B) A risk-neutral individual is more likely to invest than a risk-loving individual.
C) A risk-neutral individual is more less likely to invest than a risk-averse individual.
D) Not enough information.
A
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The figure above shows the production possibilities frontier for a country. A combination of 4 million gallons of milk and 4 million gallons of ice cream is
A) unattainable and production efficient. B) attainable and production efficient. C) unattainable. D) attainable and production inefficient. E) More information is needed to determine if the point is attainable or not.
In reality, overall growth and income for the poorest are:
A. highly positively correlated, but not perfectly. B. uncorrelated. C. highly negatively correlated, but not perfectly. D. slightly positively correlated.