Bob's farm harvests corns worth 91 thousand dollars (and nothing else). In each year, there is a 33% chance that a storm will attack and leaves him with only 27 thousand dollars worth of the corns. Bob's preferences over wealth are represented by . What is the maximum that Bob is willing to pay for full insurance (in unit of thousand dollars)

Gdp has grown in a country at 3% per year for the last 20 years. the labor force has grown at 2% per year and the quantity of physical capital has grown at 4% per year. a 1% increase in average physical capital per worker (other things equal) raises productivity by 0.3%. average education has not changed. how much has growing physical capital per worker contributed to productivity growth in this country? choose the correct answer from the following choices, and then select the submit answer button. answer choices 0.3% 0.6% 3.0% 6.0%