Which of the Following Has a Significant Heritable Component

question 116

Multiple Choice

Which of the following has a significant heritable component?

• A) religious affiliation
• B) political affiliation
• C) attitudes that favor stability and order versus those favoring equality and change
• D) attitudes toward modern art
• E) political conservatism

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Definitions:

Wealth

The total value of all financial and non-financial assets owned by an individual, company, sector, or nation minus any liabilities.

Expected Utility Function

A mathematical representation of an individual's preference for certain outcomes over others, considering the uncertainty of those outcomes.

Utility Function

A mathematical representation of a consumer’s preference ordering over a choice set, used to describe how consumers allocate their income to maximize their satisfaction.

Risk Neutral

An attitude or preference indicating indifference between choices with uncertain outcomes, focusing instead on the expected values.