《Sec 27.2 MC Managing Risk》由会员上传分享，免费在线阅读，更多相关内容在学术论文-天天文库。
1、1. Riskaversionhelpstoexplainvariousthingsweobserveintheeconomy,including a. adherencetotheoldadage,“Don’tputallyoureggsinonebasket.” b. insurance. c. therisk-returntrade-off. d. Alloftheabovearecorrect.ANSWER: dDIFFICULTY: EasyREFERENCES: ManagingRisKLEA
2、RNING OBJECTIVES: ECON.MANK.120-Explaintheimplicationsofbeingriskaverse.TOPICS: FinancialeconomicsRiskKEYWORDS: BLOOM'S:ComprehensionCUSTOM ID: 001.27.2-MC-MANK082. Riskaversionhelpstoexplainvariousthingsweobserveintheeconomy,including a. adherencetotheo
3、ldadage,“Don’tputallyoureggsinonebasket.” b. insurance. c. therisk-returntrade-off. d. Alloftheabovearecorrect.ANSWER: dDIFFICULTY: EasyREFERENCES: ManagingRisKLEARNING OBJECTIVES: ECON.MANK.120-Explaintheimplicationsofbeingriskaverse.TOPICS: Financiale
4、conomicsRiskKEYWORDS: BLOOM'S:ComprehensionCUSTOM ID: 002.27.2-MC-MANK083. Economistshavedevelopedmodelsofriskaversionusingtheconceptof a. utilityandtheassociatedassumptionofdiminishingmarginalutility. b. utilityandtheassociatedassumptionofincreasingmargin
5、alutility. c. incomeandtheassociatedassumptionofdiminishingmarginalwealth. d. incomeandtheassociatedassumptionofincreasingmarginalwealth.ANSWER: aDIFFICULTY: EasyREFERENCES: ManagingRisKLEARNING OBJECTIVES: ECON.MANK.120-Explaintheimplicationsofbeingrisk
6、averse.TOPICS: FinancialeconomicsKEYWORDS: BLOOM'S:ComprehensionCUSTOM ID: 003.27.2-MC-MANK084. IfJoannaisriskaverse,then a. herutilityfunctionexhibitsthepropertyofdecreasingutility. b. herutilityfunctionexhibitsthepropertyofincreasingmarginalutility. c.
7、shedislikesbadthingsmorethanshelikescomparablegoodthings. d. sheisunlikemostpeople,becausemostpeoplearenotriskaverse.CopyrightCengageLearning.PoweredbyCognero.Page 43ANSWER: cDIFFICULTY: ModerateREFERENCES: ManagingRisKLEARNING OBJECTIVES: ECON.MANK.120-
8、Explaintheimplicationsofbeingriskaverse.TOPICS: FinancialeconomicsKEYWORDS: BLOOM'S:ComprehensionCUSTOM ID: 004.27.2-MC-MANK085. Forariskaverseperson, a. thepleasureofwinning$1,000onabetexcee
