Question: Patrick Jones is interested in purchasing a 6 5 ' ' LED TV for his living room. Patrick knows that right now the TV will

Patrick Jones is interested in purchasing a 65'' LED TV for his living room. Patrick knows that right now the TV will cost approximately $500. He is not sure he can afford this TV right now but is worried that if he waits, the cost of the TV will rise to $800. Which type of risk is Patrick worried about?
a. Income risk
b. Interest rate risk
c. Personal risk
d. Inflation risk
e. Liquidity risk
Patrick Jones is interested in purchasing a 65'' LED TV for

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