The following is an example of risk aversion

a. those applying for a well-paid job tend to be unqualified
b. more reckless drivers opt for cars with fewer safety devices
c. the contractor with the lowest bid for a is the most qualified
d. Initial Public Offerings (IPOs) seek investors when prospects look good


a

Economics

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The GATT is

A) an international treaty. B) an international U.N. agency. C) an international IMF agency. D) a U.S. government agency. E) a collection of tariffs.

Economics

Refer to Figure 4.4. At an interest rate of 7%,

A) Foreign borrowers have an incentive to offer lenders in the United States an interest rate greater than 7%. B) Foreign lenders have an incentive to offer borrowers in the United States an interest rate less than 7%. C) U.S. lenders have an incentive to offer borrowers in the rest of the world an interest rate of 7%. D) U.S. borrowers have an incentive to offer U.S. lenders an interest rate greater than 7%.

Economics

Considering the information in the table shown, if Jack consumes 3 popsicles and 1 ice cream cone, then:

This table shows the different combinations of goods that Jack can consume, given that his income to spend on these two items is $10.


A. Jack still has $5 left to spend.
B. the price of ice cream must have increased to $8.
C. the price of popsicles must have decreased.
D. None of these is true.

Economics

Firms self-insure to

a. save money on premiums. b. avoid state level insurance regulation. c. create uniform benefit packages for employees who live in different states. d. all of the above.

Economics