In Making Investment Decisions, Savers Evaluate

question 21

Multiple Choice

In making investment decisions, savers evaluate

• A)the variability of the expected return as well as the size of the return.
• B)the size of the expected return, but not the variability of the return.
• C)the variability of the expected return, but not the size of the return.
• D)neither the size nor the variability of the expected return.

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Definitions:

Preoperational

A stage in Piaget's theory of cognitive development where children ages 2-7 start to use symbols but still lack logical reasoning.

Cognitive Development

The process by which individuals acquire and evolve their abilities in thinking, reasoning, and understanding through various stages of life.

Piaget

A Swiss psychologist best known for his pioneering work in the field of developmental psychology and his theory of cognitive development in children.

Conservation

The protection, preservation, management, or restoration of natural environments and the ecological communities that inhabit them.