FRB-FARM-202-Q Intro to Risk
Let’s take a minute to check up on what you have learned about risk and the five types of agricultural risk.
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Question 1 of 7
1. Question
What is the difference between an action being risky and stupid?
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This response will be awarded full points automatically, but it will be reviewed and possibly adjusted after submission.
Grading can be reviewed and adjusted.Grading can be reviewed and adjusted. -
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Question 2 of 7
2. Question
Do you consider yourself to be a risk taker or risk averse?
Please explain in three to five sentences.
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This response will be awarded full points automatically, but it can be reviewed and adjusted after submission.
Grading can be reviewed and adjusted.Grading can be reviewed and adjusted. -
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Question 3 of 7
3. Question
Which of the five types of agricultural risk is involved in a sudden drop in corn prices?
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Question 4 of 7
4. Question
Which of the five types of agricultural risk is involved in a change to our state’s pesticide application rules?
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Question 5 of 7
5. Question
Which of the five types of agricultural risk is involved when the fields are too wet to plant?
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Question 6 of 7
6. Question
Which of the five types of agricultural risk is involved when your best hired hand breaks his arm while mountain biking?
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Question 7 of 7
7. Question
Which of the five types of agricultural risk is involved when borrowing interest rates spike up from 5% to 8%?
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