A risk-averse investor will decide whether or not to invest by determining if the expected value of the investment if positive

Indicate whether the statement is true or false

False. A risk-averse investor will examine the expected utility from investing. If the expected utility from investing is larger than the expected utility from not investing the investment will be made.

Economics

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An increase in inventories during the accounting period represents an increase in cash.

a. true b. false

Economics

In 1921, prices surged, causing a decrease in average real wages

Indicate whether the statement is true or false

Economics