What Is the CLOSEST Number to the Number of El

question 70

Multiple Choice

What is the CLOSEST number to the number of El Niños that have occurred in the last century?

• A) 75
• B) 10
• C) 25
• D) 1
• E) 5

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Definitions:

Indifference Curve

In economics, a curve that represents different combinations of goods or services among which a consumer is indifferent, showing preferences.

Risk-Free Asset

An investment that is expected to deliver its returns without any risk of financial loss, traditionally government bonds are considered close to risk-free.

Utility

The measure of the welfare or satisfaction of an investor.

Treasury Bills

Short-term government securities issued at a discount from their face value and maturing in one year or less, representing a secure, low-risk investment option.