Examlex
Edward Thorndike proposed that a response that was followed by a satisfying consequence was more likely to occur. This was termed as Thorndike's law of __________.
Contagion
A pattern in which stock markets have become increasingly interconnected around the world and markets in different countries have begun reacting similarly.
Net Present Value
A financial metric that calculates the present value of net cash flows (inflows minus outflows) over a period, used for assessing the profitability of an investment.
Mutual Funds
Shareholder-financed investment schemes that are professionally overseen and involve trading in a variety of holdings.
Weighted Average Cost
A calculation that takes into account the varying costs of different components of a product or service, weighted by their respective proportions.
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