The Death of a Spouse Can Be Categorized as Which

question 136

Multiple Choice

The death of a spouse can be categorized as which form of stressor?

• A) Major cataclysmic event
• B) Loss event
• C) Personal major event
• D) Proximity-affecting event

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Definitions:

Risk Averse

A descriptor for individuals or entities that prefer to minimize exposure to risk and avoid uncertain outcomes.

Risk and Return

The principle that potential return on investment rises with an increase in risk. Higher risk is associated with the greater probability of higher return and vice versa.

Moral Hazard

The tendency of a person who is imperfectly monitored to engage in dishonest or otherwise undesirable behavior.

Diversification

An investment strategy that minimizes risk by allocating assets among various financial instruments, industries, or other categories.