List two ways a risk adverse person may attempt to reduce risks

buy insurance
diversify his portfolio
buy assets with low risk but low return

Economics

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Which of the following goods is likely to have the most elastic demand curve?

a. Tobacco products. b. Gasoline. c. Medical care. d. Honda automobiles.

Economics

The fall of actual GDP below the level of potential GDP is a signal that the economy is in a recession

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

Economics