MATCHING Match Each Description with the Item Below

question 36

Multiple Choice

MATCHING
Match each description with the item below.
-Douglas MacArthur

• A)American admiral in the Pacific
• B)Republican appointed secretary of war in 1940
• C)Democratic presidential candidate in 1940
• D)elected vice president in 1944
• E)directed the construction of atomic bombs
• F)was in charge of all U.S. forces in east Asia
• G)lost the presidential election in 1940
• H)drew up the Atlantic Charter with an American president
• I)senator who led the committee that coined term "merchants of death"
• J)lost the presidential election in 1944

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Definitions:

Risk Loving

A financial term describing an individual or entity's preference for taking risks, where the potential for higher gains outweighs the possibility of losses.

Probability

The measure of the likelihood that an event will occur, expressed as a number between 0 and 1.

Expected Utility Maximizer

An economic theory that assumes individuals choose among risky alternatives in such a way as to maximize their expected utility.

Probability

A measure of the likelihood that an event will occur, expressed as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.