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During a job interview, Clive is asked about the time when he had accidently revealed a secret about his coworker and how he had managed to diffuse the tension between him and the coworker. Clive has undergone a(n) _____ interview.
Risk-loving
A preference or inclination for taking on risks where the potential for gains outweighs the potential losses, as opposed to risk-aversion.
Risk-averse
describes an individual or entity that prefers to avoid risk and opts for the option with the least uncertainty.
Risk Premium
The additional return expected by an investor for taking on a higher level of risk compared with a risk-free investment.
Utils
A hypothetical unit of measurement used in economics to quantify the amount of utility or satisfaction gained by consuming goods and services.
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