We can think of return on an investment as a good and risk
Question: We can think of return on an investment as a "good" and risk as a "bad." Now assume that A and B are both goods, that is, more of A is preferable to less of it, and likewise for B. What do indifference curves between them look like?
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question we can think of return on an investment as a good and risk as a bad now assume that a and b are both goods
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question assume that i arrange a 100 loan from you at 10 percent real interest and we both expect 20 percent inflation
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