The 2008 financial crisis was caused by the decline of real estate values as well as several other factors

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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An asset is anything of value owned by a person or firm

Indicate whether the statement is true or false

Economics

People who are risk averse

A) value a collection of assets only on the basis of its expected returns. B) value a collection of assets only on the basis of the risk of that return. C) value a collection of assets not only on the basis of its expected returns but also on the basis of the risk of that return. D) are less likely to invest in life insurance. E) are less likely to have a diverse portfolio.

Economics