Economists believe that people are:

Name: Economists believe that people are:
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Economists generally believe that people are risk-averse, meaning they prefer a certain outcome over an uncertain outcome with the same expected value. This is consistent with behavior observed in many financial and economic scenarios, such as purchasing insurance or investing in low-risk assets. However, individuals vary in their level of risk aversion, and some may be more willing to take risks in certain situations.

Economists Believe That People Are