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correct. f) Using at least X page for your diagram, sketch Jackson's indifference curve given the situation above. Put income in the good state (no
correct. f) Using at least X page for your diagram, sketch Jackson's indifference curve given the situation above. Put income in the good state (no loss) on the horizontal axis. Identify the following in your diagram: i) the expected value of the gamble Jackson faces (EV) ii) Jackson's certainty equivalent of the gamble (y) ill) the amount Jackson would be charged for actuarially fair full insurance. 8) In a separate
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