The Propinquity Effect Refers to the Tendency for People to Be

question 100

Multiple Choice

The propinquity effect refers to the tendency for people to be relatively attracted to others ____.

• A)whom  they encounter on a regular basis
• B)who  are similar to them
• C)who  like them
• D)who  have had experiences similar to their own

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Definitions:

Fixed-Income

Investments that generate a regular, fixed amount of income, typically through interest or dividends, like bonds and treasury bills.

Net Asset Value

The total value of a fund's assets minus its liabilities, often used to determine the value of a share of investment such as in a mutual fund or ETF.

Year-End Assets

The total value of all assets owned by an entity at the end of a financial year.

Liabilities

Financial obligations or debts that an entity owes to others, which can impact a company's net worth and financial health.