One Adaptive Purpose Served by Counterfactual Thinking Is to ________

question 41

Multiple Choice

One adaptive purpose served by counterfactual thinking is to ________.

• A)decrease the positive affect associated with success
• B)postulate "what if" scenarios to aid in committing the planning fallacy
• C)increase the negative affect associated with failure
• D)decrease motivation to work harder towards our goals
• E)make disappointments and tragedies more bearable

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Definitions:

REIT

Real estate investment trust, which is similar to a closed-end mutual fund. REITs invest in real estate or loans secured by real estate and issue shares in such investments.

Front-end Load

A fee or commission charged to an investor at the time of initial purchase of an investment, such as a mutual fund or insurance product, usually a percentage of the investment amount.

Expense Ratio

The annual fee that mutual funds, ETFs, and other managed portfolios charge their shareholders, expressed as a percentage of assets under management.

Mutual Fund

A pooled investment fund that gathers resources from several investors to place into various investment options such as stocks, bonds, and money market instruments.