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Author Question: Prior to health care reform, young people would pay approximately ____ of the premium it would cost ... (Read 54 times)

ereecah

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on: Jun 30, 2018
Prior to health care reform, young people would pay approximately ____ of the premium it would cost an elderly person.
 a. 1/6
  b. 1/2
  c. 2/3
  d. 4/5

Question 2

Which of the following properties can be associated with an indifference curve of a risk-averse investor?
 a. Indifference curve for a risk-averse investor is a vertical line parallel to the variance axis.
  b. Two indifference curves can intersect at the equilibrium combination of risk and return.
  c. An indifference curve closer to the expected return axis gives a better utility than the one farther away.
  d. Indifference curve for a risk-averse investor is always downward sloping.


mbcrismon

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

C


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