George is considering buying shares of Intel. If the company does well, he will gain $100, but if the company does poorly, he will lose $100
George is risk averse, so for George the magnitude of the pain of losing $100 will ________ the pleasure of gaining $100. A) equal
B) be less than
C) be greater than
D) None of the above answers are correct because we cannot compare the pain of losing to the pleasure of gaining.
C
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The Dutch Disease refers to a deadly outbreak of influenza that destroyed all international trade for the Netherlands in the 1960s
Indicate whether the statement is true or false
More education would by itself lead to many more jobs being available
Indicate whether the statement is true or false
Assume Dell and Toshiba computers are substitutes in consumption; if the price of dell computers increases we would expect to see
a. An increase in demand for Toshiba computers b. An decrease in demand for Toshiba computers c. An increase in the quantity of Toshiba computers demanded d. An decrease in the quantity of Toshiba computers demanded