From the expected value of a game, we
A) cannot determine the risk.
B) can determine the risk.
C) can determine exactly how much a player will receive.
D) can infer the subjective probabilities of each possible outcome.
A
Economics
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Which of the following is NOT a factor of production?
A) mineral resources B) a university professor C) an apartment building D) 100 shares of Microsoft stock
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The complete wage and price flexibility of the real business cycle framework implies that ________
A) the velocity of money is a constant B) the velocity of money times the money supply is equal to the nominal value of transactions over a given period of time C) aggregate output always equals potential output D) sustained economic contractions, like the Great Depression, cannot occur in real, historical time
Economics