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Practice PRMIA 8006 Exam Questions

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Total 287 Questions
Question No 1
A utility function expresses:
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Question No 2
If x represents wealth, and u(x) its utility, then a logarithmic utility function can be represented by:
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Question No 3
Which of the following is one of the basic axioms on which the principle of maximum expected utility is based:
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Question No 4
What kind of a risk attitude does a utility function with downward sloping curvature indicate?
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Question No 5
What kind of a risk attitude does a utility function with an upward sloping curvature indicate?
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Page: 1/58
Total 287 Questions