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On an ECG, what is the first negative deflection seen after the P wave?
Temporal Discounting
The tendency for people to value immediate rewards more highly than future rewards, often leading to impulsive decisions.
Risk Aversion
The tendency to prefer certainty over uncertainty, characterized by a preference for safe options over risky ones.
Certainty Effect
The psychological phenomenon where people tend to give greater weight to outcomes that are certain, compared to outcomes that are probable.
Liquidate Resources
Refers to the process of converting assets or resources into cash or cash equivalents by selling them in the market.
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