When Texting for Business Purposes, Proper Spelling Is Not Necessary

question 91

True/False

When texting for business purposes, proper spelling is not necessary.

Understand the characteristics and differences between various U.S. government securities such as Treasury bills, notes, and bonds.

Recognize the nuances between Federal Agency debt issues and U.S. Treasury securities.

Comprehend the structure and implications of interest rates and maturity values of Treasury bills.

Analyze the reasons investors might choose municipal bonds over higher interest revenue options.

---

Definitions:

Sunk Fallacy

A cognitive bias that compels people to continue investing in a project or decision based on the cumulative prior investment (time, money, resources), despite new evidence suggesting that the cost, moving forward, outweighs the expected benefit.

Endowment Effect

A cognitive bias that causes individuals to value an owned object higher than its market value.

Chronological Age

The actual age of an individual measured in years from the date of birth.

Mental Age

A concept used in intelligence testing that represents the intellectual age level an individual is functioning at, as compared to the average intellectual performance of individuals in their chronological age.