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.