A Weakness of Behavioral Finance Relative to Classical Finance Is

question 3

Multiple Choice

A weakness of behavioral finance relative to classical finance is that it is characterized by:

• A)Less firm conclusions
• B)Less satisfying financial conclusions
• C)Being less scientific in a financial sense
• D)Both a and b
• E)All of the above.

---

Definitions:

Proportion

A portion, fraction, or quantity assessed in relation to its total entity.

Business

An organization or enterprising entity engaged in commercial, industrial, or professional activities.

Consumer Price Index

An index measuring the change in the price level of a basket of consumer goods and services purchased by households.

Basket

A collection of goods, services, or financial instruments grouped together for the purpose of analysis, comparison, or investment.