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Economics Chapter 27

Teacher: Wildermuth
Across
Risk that affects all companies in the stock market.
A dislike of uncertainty.
The reduction of risk achieved by replacing a single risk with a large number of smaller, unrelated risks.
The field that studies how people make decisions regarding the allocation of resources over time and handling of risk
The amount of money in the future that an amount of money today will yield, given prevailing interest in rates.
The accumulation of a sum of money in, say a bank account, where the interest earned remains in the account to earn additional interest in the future.
The description of asset prices that rationally reflect all available information.
The path of a variable whose changes are impossible to predict.
The theory that asset prices reflect all publicly available information about the value of an asset.
Down
Risk that affects only a single company.
The amount of money today that would be needed, using prevailing interest rates, to produce a given amount of money.
The study of a company's accounting statements and future prospects to determine its value.