Stockbrokers Who Market Their Services with Confidence That They Can

question 36

Multiple Choice

Stockbrokers who market their services with confidence that they can outperform the market average in picking stocks are especially likely to

• A)appear credible to their customers.
• B)find it difficult to decide which stocks to purchase.
• C)avoid the dangers of belief perseverance.
• D)use algorithms to generate stock choices.

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Definitions:

Drift Away

To gradually become distant from someone or something, often referring to relationships or interests fading over time.

Assimilation

The process by which individuals or groups of differing ethnic heritage are absorbed into the dominant culture of a society.

Dominant Groups

Social or ethnic groups that hold power, influence, and resources in a society and often set societal norms and standards.

Social Service

Public or private organized efforts to help meet the needs of vulnerable populations and improve social welfare.