Which of the Following Statements Is True

question 29

Multiple Choice

Which of the following statements is true?

• A)FIs can reduce profitability by taking advantage of the law of small numbers in their investment decisions.
• B)FIs can reduce profitability by taking advantage of the law of large numbers in their investment decisions.
• C)FIs can reduce risk by taking advantage of the law of small numbers in their investment decisions.
• D)FIs can reduce risk by taking advantage of the law of large numbers in their investment decisions.

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Definitions:

Lower Wages

The act of paying workers less than the average or expected amount for their labor.

South America

A continent located in the Western Hemisphere, mostly in the Southern Hemisphere, comprising twelve countries and known for its diverse landscapes and cultures.

Qualified Engineers

Individuals who have met the education, experience, and examination requirements to perform engineering tasks and services.