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True or False: Expected utility is calculated by multiplying utilities by their probabilities and summing the results.

True or False: The alternative with the highest expected monetary value is always preferred under utility theory.

True or False: The certainty equivalent is always lower than the expected monetary value for a risk-averse person.

True or False: Utility values must always be measured in monetary units.

True or False: Utility theory allows comparing outcomes that cannot be measured purely in money.

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