When People Are Seeking Gains,what Is Their Likelihood of Making

question 138

Multiple Choice

When people are seeking gains,what is their likelihood of making risky decisions,compared to when they are attempting to cut their losses

• A) equally likely in both situations 
• B) less likely when seeking gains 
• C) more likely when seeking gains 
• D) less likely when seeking gains if female, but more likely if male

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Definitions:

Regular-interest

The standard or typical interest rate applied to savings or investment accounts, calculated over a set period.

Invested

The method of placing financial resources in expectation of yield or profit.

Compounded Semi-annually

This refers to the process of applying interest to an initial sum plus any previously earned interest, and this action occurs twice a year.

Compounded Quarterly

Refers to the process of calculating and adding interest to the principal balance four times a year.