Patrick Jones is interested in purchasing a 65" LED TV for his living room.He knows that right now the TV will cost approximately $500.However,Patrick is a little concerned about his job.Patrick is a pilot for Delta Airlines,and he thinks it is possible that he could be laid off in the near future.What type of risk is Patrick worried about?
A) Inflation risk
B) Interest rate risk
C) Income risk
D) Personal risk
E) Liquidity risk
Correct Answer:
Verified
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