Which of the Following Reasons Makes It Hard to Be

question 18

Multiple Choice

Which of the following reasons makes it hard to be evidence-based?

• A) Downplay risks and continue on a path.
• B) Share results with others.
• C) Try to not be trapped by preconceived notions.
• D) Ignore orders and delay their implementation.
• E) The evidence doesn't quite apply.

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Definitions:

Speculative Demand

The demand for an asset or commodity based on the expectation that its price will increase, leading to profits from resale rather than its use or income generation.

Rising Interest Rates

A situation in which the cost of borrowing money increases, often due to central bank policies.

Speculative Motive

The intent to hold cash for the purpose of taking advantage of future financial opportunities that may arise.

Opportunity Cost

The loss of potential gain from other alternatives when one particular alternative is chosen.