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Any Person Who Places Larger Value on Gaining $2,000 Than

Question 13

Multiple Choice

Any person who places larger value on gaining $2,000 than on losing $2,000 is:


A) risk averse, at least in the neighborhood of their current income.
B) risk loving, at least in the neighborhood of their current income.
C) risk neutral, at least in the neighborhood of their current income.
D) so poor that $2,000 is very important to them.
E) so wealthy that $2,000 means very little to them.

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