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During Tax Season, There Are a Number of Tax-Preparation Companies

question 112

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During tax season, there are a number of tax-preparation companies that provide immediate tax rebates, but take a substantial percentage of the total refund as a "service fee." So, if someone were to receive a refund by mail, it might take several weeks (but the amount of money would be larger) whereas if that individual uses the immediate refund service, the amount of money is reduced but is received immediately. Individuals' willingness to pay steep fees to get their refunds immediately is consistent with:


Definitions:

Psychosexual Stage

a concept in Freudian psychology that describes a series of stages of childhood development in which psychic energy is focused in different erogenous zones.

Oral

Pertaining to the mouth, including aspects related to speech, eating, and the initial stages of digestion.

Anxiety

An emotion characterized by feelings of tension, worried thoughts, and physical changes like increased blood pressure, stemming from anticipation of a future concern or threat.

Sexual Activity

Behaviors that involve the sex organs and may include intercourse, masturbation, and other sexual practices.

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