Americans Place a Great Importance on Time

question 9

True/False

Americans place a great importance on time. They value time and believe in the importance of not wasting time. This is connected to the Americans' core value of humanitarianism.

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Definitions:

Future Value

The value of a current asset at a specific date in the future based on an assumed rate of growth.

Interest Rate

The proportion of a total amount of money that is charged for borrowing it, usually represented as an annual rate.

Risk Averse

A description of individuals or entities that prefer to avoid risk and seek safer, more predictable outcomes.

Fundamental Analysis

A method of evaluating a security to measure its intrinsic value by examining economic, financial, and other qualitative and quantitative factors.