49. which of the following best describes financial risk?\n a. the guaranteed loss of investments\n b. the…

49. which of the following best describes financial risk?\n a. the guaranteed loss of investments\n b. the certainty of receiving insurance compensation\n c. the possibility of losing money or financial security due to unforeseen events\n d. the ability to predict market changes\n\n50. what is a significant challenge associated with private education?\n a. it is non - excludable\n b. it is often more expensive\n c. it is publicly funded\n d. it benefits all students equally
Answer
Brief Explanations:
For question 49, financial risk is about the potential for financial loss due to unforeseen events. Option a is incorrect as investments don't have guaranteed losses. Option b is about insurance certainty, not financial risk. Option d is about market - prediction ability, not risk itself. For question 50, private education is typically more expensive compared to public education. Option a is wrong as private education is excludable. Option c is incorrect since it's privately funded. Option d is false as it doesn't benefit all students equally.
Answer:
- C. The possibility of losing money or financial security due to unforeseen events
- B. It is often more expensive