Loss Aversion Is Defined As

question 71

Multiple Choice

Loss aversion is defined as:

• A)the inability to mentally acknowledge a loss on a security.
• B)selling any security for less than the price paid to acquire it.
• C)selling a security as soon as it has increased significantly in value.
• D)the reluctance to sell a security after it has decreased in value.
• E)the tendency to quickly sell any investment that has decreased in value.

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Definitions:

Kidney Stones

Hard deposits made of minerals and salts that form inside the kidneys, which can cause severe pain and discomfort when passing through the urinary tract.

Condition

A state of health, physical situation, or the stipulations affecting an agreement or circumstance.

Laryngectomy

Surgical removal of the larynx or voice box.

Larynx

The voice box located in the throat, responsible for producing sound.