A person is risk neutral if:
A. her indifference curve is concave to the origin.
B. her indifference curve is convex to the origin.
C. her indifference curve coincides with the expected consumption line.
D. her indifference curve coincides with guaranteed consumption line.
C. her indifference curve coincides with the expected consumption line.
You might also like to view...
A speculative attack on an overvalued currency leads to a(n) ________ in international reserves and a(n) ________ in the fundamental value of the currency.
A. decrease; decrease B. increase; decrease C. increase; increase D. decrease; increase
All else the same, when real GDP increases, the
A) supply of money decreases. B) demand for money increases. C) supply of money increases. D) demand for money decreases. E) supply of money does not change, and the demand for money does not change.
If a country has a comparative advantage in the production of a good, its resources are better suited to the production of that good than are the resources of other countries.
Answer the following statement true (T) or false (F)
Refer to the figure below. At a price of $3, there will be: 
A. an excess supply of 7 units. B. an excess supply of 2 units. C. an excess demand of 7 units. D. an excess demand of 5 units.