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Even when participants in an experiment,conducted by E.E.Jones and Victor Harris (1967) ,were told that people were assigned to write an essay sympathetic to Cuba's Fidel Castro,they still were willing to assume that the essay reflected the writer's true "pro-Castro" attitudes.These findings illustrate
Risk Averse
Describes an individual or entity's preference to avoid risk, where they prioritize certainty and are willing to accept lower returns in exchange for greater certainty or security.
High-Technology Stocks
These are shares in companies involved in high-tech industries, known for rapid innovation and growth potential but also higher risk.
Long-Term Government Bonds
Debt securities issued by a government with a maturity of typically more than ten years, used to fund public expenditures.
Expected Return
The anticipated gain or loss from an investment over a period, considering both the probability of outcomes and the impact of different outcomes.
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