Holding the mean constant, the larger the standard deviation, the ________ the gamble will be.
A. less risky
B. more risky
C. higher utility
D. None of the statements is correct.
Answer: B
Economics
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Which of the following will cause a reduction in the amount of money individuals wish to hold?
A) an increase in income B) an increase in the interest rate C) an increase in the price level D) all of the above
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Which of the following is true?
A) National income = Consumption - Savings + Taxes B) National income = Consumption + Savings + Taxes C) National income = Consumption + Savings - Taxes D) National income = Consumption - Savings - Taxes
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