Which of the Following Best Describes Why Risk Reduction Is

question 14

Multiple Choice

Which of the following best describes why risk reduction is of such importance in the United States today?

• A) Families suffer when family members die from avoidable causes.
• B) Risk reduction activities will decrease insurance costs to individuals and their employers.
• C) The leading causes of death are all related to lifestyle choices.
• D) Risk reduction can decrease the ongoing rise in national health care expenditures.

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Definitions:

Indifference Curve

A graph representing combinations of two goods that provide an individual with the same level of satisfaction and utility.

Convex Preferences

A situation in consumer theory where a consumer prefers combinations or mixtures of goods to extreme amounts of either good, illustrating a desire for diversified consumption.

Indifference Curves

Graphical representations of different combinations of two goods that give a consumer equal satisfaction and utility.

Positive Slope

indicates a situation where an increase in one variable leads to an increase in another, commonly represented in graphs.