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Question 2 1 pts [NB: This question type awards a fraction of the points available for each correct answer selection and subtracts an equivalent fraction
Question 2 1 pts [NB: This question type awards a fraction of the points available for each correct answer selection and subtracts an equivalent fraction for incorrect answer selection. To get full points on this question, you must click on all the correct answers and none of the incorrect ones.] The more risk-averse a person is: The more negative is their risk premium. The lower is their certainty equivalent for a given gamble. The flatter is their utility function over money/consumption. the larger the difference between the expected value of a gamble and its certainty equivalent. the less an insurance can charge them to fully insure a risky gamble. The more they are willing to pay to get rid of risk.Question 1 1 pts A bank offers its customers to participate in a fund that has guaranteed positive return (if the return is negative over the course of a year, the bank reimburses the loss). True or false? This is a risk-free asset. False. True
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