A Person Who Is Risk-Averse

question 158

Multiple Choice

A person who is risk-averse:

• A) is more sensitive to a loss than to a gain of an equal dollar amount.
• B) is less sensitive to a loss than to a gain of an equal dollar amount.
• C) is willing to pay any price to avoid risk.
• D) enjoys taking risks, especially in financial markets.

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Definitions:

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