Which one of the following individuals should have a higher tolerance for risk?
A)Joan Cummings, who is a single mother with two small children
B)Darren Carter, who works for American Airlines and is worried that he is going to be laid off soon
C)Barry Parks, who is an investment banker and earns over $200,000 per year
D)Michael Clark, who is 74 years old and has been retired for 6 years
E)Fred Funderbunk, who is a pizza delivery person and makes about $15,000 per year

Question

Quizplus · Accepted Answer

Barry Parks, who earns over $200,000 per year as an investment banker, should have a higher tolerance for risk as he has potentially more disposable income and can afford to take chances with his investments.

Which One of the Following Individuals Should Have a Higher