Risk aversion is a dislike of:
A) paying interest.
B) lending.
C) borrowing.
D) randomness in economic circumstances.

Question

Quizplus · Accepted Answer

Risk aversion refers to the tendency of people to prefer less risk and uncertainty in their economic circumstances. Therefore, the best choice is D since randomness in economic circumstances involves greater risk and uncertainty. A, B, and C do not necessarily relate to risk aversion as they depend on individual preferences and circumstances.

Risk Aversion Is a Dislike Of