After a Long-Term Study of Traits, McCrae and Costa Concluded

question 304

Multiple Choice

After a long-term study of traits, McCrae and Costa concluded that

• A) traits are very changeable.
• B) traits are seldom stable over three years.
• C) aging itself has little effect on personality
• D) there is little evidence for trait theory.

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Definitions:

Subjective Risk

The perceived level of risk based on an individual's personal judgment, as opposed to objectively measured risk.

Preferred Stock

A class of ownership in a corporation with a fixed dividend that has priority over common stock dividends.

Market Risk Premium

The additional return an investor expects for holding a risky market portfolio instead of risk-free assets.

Dividend Amount

The cash value paid out to shareholders from a company's earnings.