The Brief Answer Section May Entirely Consist of a One-

question 7

True/False

The brief answer section may entirely consist of a one- or two-word answer,such as "yes" or "no."

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Definitions:

Framing Effects

Cognitive biases where people's decisions are influenced by the way information is presented, rather than the information itself.

Prospect Theory

A behavioral economic theory that describes how people choose between probabilistic alternatives that involve risk, where the probability of outcomes is uncertain.

Investment Return

signifies the gain or loss on an investment over a specified period, usually expressed as a percentage of the investment's cost.

Endowment Effect

A psychological phenomenon in which people value an owned object higher than a similar object they do not own.