A Consumer Is Said to Be Risk-Averse When the Consumer

Multiple Choice

A consumer is said to be risk-averse when the consumer

A) purchases assets with a zero nominal interest rate.
B) prefers to hold assets with more non-diversified risk.
C) prefers to hold assets with less non-diversified risk.
D) prefers to not purchase a portfolio of assets.
E) purchases assets with maturities of less than one year.