Risk is:
A. why the changing value of money is such a challenge.
B. to always be avoided, at any cost.
C. when the costs or benefits of an event or choice are uncertain.
D. None of these statements is true.
Answer: C
You might also like to view...
In 2012, the top one-fifth of U.S. households earned ________ of the nations total income
A) about 22% B) just under 35% C) just over half D) almost 90%
Which of the following institutions is NOT a depository institution?
A) the U.S. Treasury B) a commercial bank C) a money market mutual fund D) a thrift institution, such as a savings and loan association
The United States has run large trade deficits with most of the world since the early
a. 1940s b. 1960s c. 1970s d. 1980s e. 1990s
Buyers always prefer lower prices to higher prices
Indicate whether the statement is true or false