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Author Question: George is considering investing in a frozen yogurt store. If the store does well he will make ... (Read 165 times)

LaDunn

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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


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Kdiggy

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

TRUE


LaDunn

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

adammoses97

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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