When Deciding Whether to Deposit Money in a Bank

question 62

Multiple Choice

When deciding whether to deposit money in a bank:

• A)everyone will respond exactly the same to any given interest rate.
• B)some people will require a higher interest rate to deposit the same amount of money as others.
• C)people don't accurately account for the risk of losing savings.
• D)most people will deposit a specific amount of money regardless of the interest rate.

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Definitions:

Psychiatrist

A medical practitioner specializing in the diagnosis, treatment, and prevention of mental, emotional, and behavioral disorders, distinct in their ability to prescribe medication.

Counselor

A professional who provides guidance, advice, or therapy to individuals or groups to promote mental health, emotional well-being, and personal growth.

Insight Therapies

A group of psychotherapies in which verbal interactions are intended to enhance clients’ self-knowledge and thus promote healthful changes in personality and behavior.

Behavior Therapies

The application of the principles of learning to direct efforts to change clients’ maladaptive behaviors.