Holding the mean constant, the larger the standard deviation, the ________ the gamble will be.
A. less risky
B. more risky
C. higher utility
D. None of the statements is correct.
Answer: B
Economics
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Indicate whether the statement is true or false
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Which of the following is most likely an inferior good?
a. an antique car b. gasoline c. a bus ticket d. an airline ticket
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The largest component of national income is:
A. compensation of employees. B. rents. C. interest. D. corporate profits.
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Fixed investment refers to investment in stocks, bonds, and improvements to land
a. True b. False Indicate whether the statement is true or false
Economics