A person who practices poisonous snake charming and does not reveal this to her health insurance company before purchasing insurance is an example of

The above figure shows the utility of wealth curve for a homeowner whose only possession is a $50,000 house. Which of the following statements is TRUE?

A) This person has diminishing marginal utility of wealth. B) This person is not risk averse. C) Risky situations cause this person no loss of utility. D) None of the above are correct.

There are several reasons why interest rate parity may not hold exactly and, therefore, we can earn arbitrage profits from this situation

Indicate whether the statement is true or false