Assets That Have Intrinsic Value

question 101

Multiple Choice

Assets that have intrinsic value:

• A) retain a more steady value than assets without intrinsic value.
• B) get traded more often than assets without intrinsic value.
• C) generally have a lower value than other goods.
• D) are not well-suited to being used as money.

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Definitions:

Definite Outcomes

Results or effects that are specific, clear, and unambiguous, often anticipated or expected in various contexts.

Temporal Discounting

A preference for immediate gratification over rewards that come later.

Risk Aversion

A behavioral tendency to prefer avoiding losses over acquiring equivalent gains, indicating a preference for certainty and safety.

Certainty Effect

The tendency for people to give greater weight to outcomes that are certain, compared to outcomes that are probable, often observed in decision-making under uncertainty.