Refer to the information provided in Figure 17.2 below to answer the question(s) that follow. 
Figure 17.2 Refer to Figure 17.2. We would say that Sam is risk neutral based on his
A. present income.
B. income potential.
C. past income.
D. utility from income.
Answer: D
You might also like to view...
At a constant rate of exchange between currencies, higher inflation makes domestic goods sold abroad ____expensive and, hence, ________ short-run equilibrium output.
A. more; decreases B. less; increases C. more; increases D. less; decreases
Individuals within a group have preferences
a. True b. False
An amusement tax of $1 on every ticket sold to a concert is an example of a(n)
a. poll tax b. progressive tax c. unit tax d. income tax e. property tax
After years of hard work in the field of macroeconomics, you win the Nobel Prize in economics (currently about $1.5 million). What is the most likely effect of this prize on your consumption function?
a. It will shift downward temporarily. b. It will shift upward temporarily. c. It will shift downward permanently. d. It will shift upward permanently. e. none of the above