Author Question: George is considering investing in a frozen yogurt store. If the store does well he will make ... (Read 171 times)

LaDunn · **on:** Jun 29, 2018

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