Use the Information Below to Answer the Following Question(s) -Based on the Average Utility, Which of the Following Is

question 39

Multiple Choice

Use the information below to answer the following question(s) .
Below are four options for an investment decision.
$$\begin{array} { | l | l | l | l | } \hline \text { Decision/Event } & \text { Rates Rise } & \text { Rates Stable } & \text { Rates Fall } \\\hline \text { Bank CD } & 0.80 & 0.80 & 0.80 \\\hline \text { Bond fund } & - 0.75 & 0.86 & 1.50 \\\hline \text { Index fund } & 0 & 0.90 & 1.20 \\\hline \text { Growth fund } & - 0.30 & 0.70 & 1.40 \\\hline\end{array}$$
-Based on the average utility, which of the following is considered the worst decision?

• A)bank CD
• B)bond fund
• C)index fund
• D)growth fund

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Definitions:

Augustus

The first Roman emperor, ruling from 27 BC until his death in AD 14, known for initiating the Pax Romana and significant cultural and political reforms.

Emperor Cult

The practice of worshiping emperors as gods, which was common in Roman and other ancient civilizations.

Pax Augusta

A term referring to the peace within the Roman Empire under Emperor Augustus, also known as Pax Romana, that lasted from 27 BCE to 180 CE.

Ara Pacis Augustae

An altar in Rome dedicated to Pax, the Roman goddess of peace, commissioned by the Senate to honor Augustus' return and known for its intricate relief sculptures depicting Roman virtues and imperial processions.