Multiple Choice
When risks are shared across many different assets or people, reducing the impact of any particular risk on any one individual, it is called:
A) diversification.
B) risk pooling.
C) risk aversion.
D) risk analysis.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q75: In the context of insurance, everyone typically
Q76: Suppose Jack and Kate are at the
Q77: The key to diversification is that the
Q78: Suppose Jack and Kate are at the
Q79: Which of the following is a mechanism
Q81: Calculating expected value involves:<br>A)estimating how likely different
Q82: The two big problems facing insurance companies
Q83: John is trying to decide whether to
Q84: When deciding whether or not to purchase
Q85: Which of the following entities can diversify