Based on the table and information in the previous question, which of the following is TRUE?

A) George prefers to make $15,000 with certainty than make the investment.
B) George prefers making the investment than to make $15,000 with certainty.
C) George is indifferent between making $15,000 with certainty and making the investment.
D) As the investment has risk George should not make it under any circumstances.

A

Economics

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Refer to Table 19-13. Nominal GDP for Vicuna for 2013 equals

A) $4,920. B) $5,100. C) $5,300. D) $5,850.

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Which of the diagrams best describes the long-run path of real (inflation-adjusted) farm prices?



A.  A.
B.  B.
C.  C.
D.  D.

Economics