If a Person Requires Greater Return When Risk Increases, That

question 47

Multiple Choice

If a person requires greater return when risk increases, that person is said to be:

• A)risk seeking
• B)risk diverse
• C)risk aware
• D)risk indifferent
• E)none of the above

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Definitions:

Aggregate Demand

The full extent of demand for all goods and services within an economy, measured against a specified price level across a given temporal span.

Employment Act of 1946

A United States federal law aiming to promote maximum employment, production, and purchasing power through economic stability policies.

Aggregate Demand

The total demand for final goods and services in an economy at a given time.

Theory of Liquidity Preference

A theory suggesting that individuals prefer to have their resources in liquid forms and how that preference influences interest rates.