
RISK: The possibility of gain or loss. Risk the calculated probability of different events happening, is usually contrasted with uncertainty the possibility that any number of things could happen. For example, uncertainty is the possibility that you could win or lose $100 on the flip of a coin. You don't know which will happen, it could go either way. Risk, in contrast, is the 50 percent chance of winning $100 and the 50 percent chance of losing $100 on the flip of the coin. You know (or think you know) that your probability of winning or losing is 50 percent because the coin has a 50 percent chance of coming up either heads or tails.
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ZERO SLOPE: A horizontal line in which the numerical value of the slope, calculated as the change in the variable on the vertical axis divided by a change in the variable on the horizontal axis, is zero. In other words, the Yaxis variable is fixed, or constant, for any and all values of the Xaxis variable. See also  slope  graph  line graph  direct  inverse  positive relation  negative relation  Xaxis  Yaxis  Recommended Citation:ZERO SLOPE, AmosWEB GLOSS*arama, http://www.AmosWEB.com, AmosWEB LLC, 20002021. [Accessed: October 19, 2021].
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AGGREGATE SUPPLY INCREASE, SHORTRUN AGGREGATE MARKET A shock to the shortrun aggregate market caused by an increase in aggregate supply, resulting in and illustrated by a rightward shift of the shortrun aggregate supply curve. An increase in aggregate supply in the shortrun aggregate market results in a decrease in the price level and an increase in real production. The level of real production resulting from the shock can be greater or less than fullemployment real production.
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PURPLE SMARPHIN [What's This?]
Today, you are likely to spend a great deal of time watching the shopping channel wanting to buy either an AC adapter that works with your MPG player or rechargeable batteries. Be on the lookout for attractive cable television service repair people. Your Complete Scope
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A U.S. dime has 118 groves around its edge, one fewer than a U.S. quarter.


"Think not of yourself as the architect of your career but as the sculptor. Expect to have to do a lot of hard hammering and chiseling and scraping and polishing. "  B. C. Forbes, founder, Forbes magazine


IARA Increasing Absolute Risk Aversion


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