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Author Question: George is considering investing in a frozen yogurt store. If the store does well he will make ... (Read 133 times)

LaDunn

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George is considering investing in a frozen yogurt store. If the store does well he will make 20,0000, but if the store does poorly he will make only 10,000. There is a 50 percent chance of each outcome.
 
  His utility of wealth schedule is in the above table. The expected utility of this investment is A) 115.
  B) 140.
  C) 165.
  D) 180.

Question 2

The official settlements account records the change in official U.S. reserves.
 
  Indicate whether the statement is true or false



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Kdiggy

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Answer to Question 1

C

Answer to Question 2

TRUE




LaDunn

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Reply 2 on: Jun 29, 2018
:D TYSM


Kedrick2014

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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