Someone who is risk-preferring has
A) diminishing marginal utility of wealth.
B) constant marginal utility of wealth.
C) increasing marginal utility of wealth.
D) less marginal utility of wealth than someone who is risk-preferring.
C
Economics
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The interest rate the Federal Reserve charges a bank when it borrows reserves from the Fed is called the
A) federal funds rate. B) prime rate. C) market interest rate. D) discount rate. E) borrowing rate.
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When the economy is in a recession, ____ rises and poverty ____
a. unemployment; decreases b. employment; decreases c. unemployment; increases d. employment; increases
Economics