PERSONAL FINANCE HW CHAPTER 9 QUESTION AND ANSWER 2024 GRADED A+ UPGRADE

PERSONAL FINANCE HW CHAPTER 9 QUESTION AND ANSWER 2024 GRADED A+ UPGRADE For nearly all young working adults, their greatest asset is ANSWER = human capital How can Armand increase his human capital? ANSWER = Go back to college or engage in healthy behavior. The frequency of being involved in an automobile accident while texting is ANSWER = high Blakely and Marty have been dating for 3 years. Marty is interested in going skydiving. Marty's tolerance for extreme activities is very high. Blakely's risk tolerance is a lot lower. When discussing the activity, Marty tells Blakely that they will be in a secure plane and that the parachutes they will use have been hand-packed and checked by three people. In the end, Marty makes the jump but Blakely does not. Blakely's risk control strategy was to: ANSWER = avoid the risk. Blakely and Marty have been dating for 3 years. Marty is interested in going skydiving. Marty's tolerance for extreme activities is very high. Blakely's risk tolerance is a lot lower. When discussing the activity, Marty tells Blakely that they will be in a secure plane and that the parachutes they will use have been hand-packed and checked by three people. In the end, Marty makes the jump but Blakely does not. Marty's risk control strategy involved: ANSWER = managing the risk. A problem with living an unhealthy lifestyle is that the: ANSWER = severity and frequency of future risks increases over time. Living a healthy lifestyle and engaging in healthy behaviors are examples of all the following risk-management strategies, except: ANSWER = transference The number-one determinant of someone's he