Truck drivers usually earn more than secretaries because
a. drivers require more education and training
b. truck drivers have more flexibility in their daily activities
c. truckers face greater risks
d. secretaries have higher productivity than truckers
e. truckers are discriminated against
C
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The difference between the spot contract and forward contract is that:
A) the spot contract has a fixed price on the currency, and the forward contract has a flexible price B) the spot contract is a contract to be settled immediately, and the forward contract is a contract to be settled at a future agreed upon date. C) the spot contract is a derivative, and the forward contract is not a derivative. D) the spot contract has fixed price but the contract can be settled at a later date, the forward contract is a contract to be settled immediately.
Someone who values a lottery at more than the expected value is
a. a risk lover b. risk neutral c. risk averse d. one who tends to play lots of lotteries