Which one of the following statements is correct?
A) An investor's level of risk tolerance is determined strictly by the investor's age.
B) An investor's risk tolerance is affected by his or her family situation.
C) The less money invested and the younger the investor, the lower the level of risk tolerance.
D) Investors with high levels of risk tolerance will primarily invest in U.S. Treasury securities.
E) The lower your level of risk tolerance, the higher you will move up the investment pyramid when selecting investments.
B) An investor's risk tolerance is affected by his or her family situation.
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Operating leverage predicts the effects that fixed costs have on changes in operating income when ________
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