Economics 12E - Arnold - TB_136

Economics 12E - Arnold - TB_136 - d risk enjoying e none of...

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d. risk enjoying e. none of the above ANSWER: a POINTS: 1 DIFFICULTY: Moderate NATIONAL STANDARDS: United States - BUSPROG: Analytic LOCAL STANDARDS: United States - OH - Default City - DISC: Utility and consumer choic - DISC: Utility and consumer choice KEYWORDS: Bloom's: Comprehension NOTES: New 170. Given the choice between a sure-thing option and a gamble option with the same expected payoff, a____________ person will choose gamble. a. risk averse b. risk loving c. risk neutral d. risk avoiding e. none of the above ANSWER: b POINTS: 1 DIFFICULTY: Moderate NATIONAL STANDARDS: United States - BUSPROG: Analytic LOCAL STANDARDS: United States - OH - Default City - DISC: Utility and consumer choic - DISC: Utility and consumer choice KEYWORDS: Bloom's: Comprehension NOTES: New 171. Brain researchers think that the best reason the brain might weight the present high and the future low when faced with a present-future tradeoff is that: POINTS: 1 DIFFICULTY: Moderate
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NATIONAL STANDARDS: United States - BUSPROG: Analytic LOCAL STANDARDS: United States - OH - Default City - DISC: Utility and consumer choic - DISC: Utility and consumer choice KEYWORDS: Bloom's: Comprehension 172. The results of the "ultimatum game" reveal that people POINTS: 1 DIFFICULTY: Moderate NATIONAL STANDARDS: United States - BUSPROG: Analytic LOCAL STANDARDS:
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