If a Person Requires Greater Return When Risk Increases, That

question 6

Multiple Choice

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

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

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Definitions:

Wealth And Status

Indicators of social position and economic capital, often signifying the amount of resources and prestige an individual or group possesses.

Model Minority

A demographic group (whether based on ethnicity, race or nationality) perceived to achieve a higher degree of socioeconomic success than the population average, thus serving as a benchmark for others.

Asian Americans

A diverse group of Americans of Asian descent, encompassing numerous ethnicities, cultures, and heritage backgrounds, often dealing with unique social, economic, and political challenges.

Obstacles To Success

The various barriers or challenges that individuals or groups face which hinder their ability to achieve personal goals or societal progress.