Which of the Following Best Defines Behavioral Finance

question 9

Multiple Choice

Which of the following best defines behavioral finance?

• A)The study of human makeup and actions that explain logical economic and financial behavior
• B)The study of human makeup and actions that result in deviations from logical economic and financial behavior
• C)The study of market actions that explain logical economic and financial behavior
• D)Both b and c
• E)None of the above

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Definitions:

Financial Provider

An individual or institution that supplies funds or economic support to others.

Parental Support

The assistance and guidance parents provide to their children for emotional, physical, and financial needs.

Middle Age

A period in adult life that ranges approximately from the ages of 45 to 65, often characterized by stability, reflection, and transitions in personal and professional roles.

Masculine Ideal

A culturally and socially constructed concept of male behavior and traits that are considered desirable or appropriate within a society.