According to the risk aversion principle, you should take the action that produces the least harm.
It is a phycological concept applied in economics, specially within the field of finance. When facing situations that involve uncertainty, risk aversion consists on choosing the alternative that diminishes it as much as possible. It is a common behaviour when selecting investment opportunities. For example, a risk averse saver will prefer to keep his money in a bank account (low risk low profit), rather than purchasing shares and betting in the stock markets (high risk high profit).
The tattered soldier insinuated he wouldn't die because he had children back home who depended on him.
The first amendment providing them freedom of press and freedom of speech.
Answer:
1. The total value of goods produced and services provided in a country during one year.
2.Real GDP is a better measure of the standard of living than nominal GDP.
3.four broad types: land, labor, capital, and entrepreneurship. The factors of production are the resources used in creating or manufacturing a good or service in an economy.
Explanation:
Uh can you upload a picture ?
