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Practice PRMIA 8006 Exam Questions

    1. Page: 1/58
      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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    1. Page: 1/58
      Total 287 Questions
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