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A Consumer Is Said to Be Risk-Averse When the Consumer

Question 1

Multiple Choice

A consumer is said to be risk-averse when the consumer


A) purchases assets with a zero nominal interest rate.
B) prefers to hold assets with more non-diversified risk.
C) prefers to not purchase a portfolio of assets.
D) purchases assets with maturities of less than one year.
E) prefers to hold assets with less non-diversified risk.

Correct Answer:

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