Which of the Following Would Be a Reason for Preferring

question 7

Multiple Choice

Which of the following would be a reason for preferring £100 now as opposed to £100 in 1 years time?

• A) Risk
• B) Interest lost
• C) Inflation
• D) All of the above

---

Definitions:

Learned Skill

A capability or expertise developed through practice and learning.

Innate Ability

Natural talent or proficiency in a specific area that an individual possesses from birth, without the need for conscious learning or extensive training.

Low-context Cultures

Cultures where communication is primarily dependent on explicit, direct language and less on situational cues or non-verbal expression.

Asking Questions

The act of requesting information or clarification to gain a deeper understanding of a subject.