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Angel has a wealth of $80,000 and is thinking about whether he should make an investment that has a 50% chance of increasing his wealth
Angel has a wealth of $80,000 and is thinking about whether he should make an investment that has a 50% chance of increasing his wealth to $80,010 or a 50% chance of decreasing his wealth to $79,995. Angel will likely _____ this gamble because the stakes are relatively _____ when compared to his current wealth of $80,000. reject; high reject; low accept; high accept; low
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