As a Child, Dan Loved to Prance Around the Neighborhood

question 220

True/False

As a child, Dan loved to prance around the neighborhood wearing silly outfits. As he got older, he realized that he couldn't continue that kind of behavior unless he found someway for it to be viewed as more socially acceptable. Upon realizing this, Dan decides to pursue a career as a circusclown. According to Freud, Dan's ego, which operates on the reality principle, is responsible for finding a socially acceptable outlet for his desire to run around wearing silly outfits.

---

Definitions:

Futures Contracts

Financial derivatives that obligate the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and price.

Short-Selling

The practice of selling securities or other financial instruments that are not currently owned, with the intention of repurchasing them at a lower price.

Writing Options

The act of creating an options contract to sell to another party, involving the obligation to buy or sell the underlying asset if the option is exercised.

Risk Lover

An individual or investor who prefers to take more risk in their investments for the possibility of higher returns.