Use the Following to Answer Question

question 77

Multiple Choice

Use the following to answer question:
Table 15.1
-(Table 15.1) Using the Rawlsian social welfare function, rank the utility outcomes from the most to least desirable.

• A) outcome A, outcome B, outcome C
• B) outcome B, outcome C, outcome A
• C) outcome A, outcome C, outcome B
• D) outcome C, outcome A, outcome B

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Definitions:

Long Hedger

A long hedger is an investor or company that enters into a hedge transaction to protect against a rise in the price of an asset in the future.

Short Hedger

A short hedger is an investor or trader who enters into contracts to sell an asset in the future to hedge against the risk of falling prices.

Treasury Bond Futures

Contractual agreements to buy or sell a specified amount of U.S. Treasury bonds at a future date and price.

Interest Rates

The percentage of an amount of money which is charged for its use per a given period, typically expressed as an annual percentage.