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Explain Risk and Liquidity of Assets

question 21

Essay

Explain risk and liquidity of assets.


Definitions:

Productive Forgetting

The beneficial aspect of forgetting that allows individuals to discard irrelevant information to enhance learning and decision-making efficiency.

Extrinsic Motivation

Motivation driven by external rewards such as money, fame, grades, or praise, rather than internal factors like personal satisfaction or enjoyment of the task itself.

Cognitive Dissonance

The mental discomfort experienced by a person who holds two or more contradictory beliefs, ideas, or values at the same time.

Supervisory Support

The assistance and guidance provided by supervisors to their subordinates.

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