The Element of Perceived Risk That Relates to How Friends

question 43

Multiple Choice

The element of perceived risk that relates to how friends and relatives view the purchase of a good or service is _____ risk.

• A)social
• B)physical
• C)performance
• D)psychological

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Definitions:

Expected Rate

A forecasted value or percentage in various contexts, such as return on investment or growth, based on current and historical data.

Total Investment

The sum of all expenditures on capital goods by a business or economy during a specific period, indicating the total amount spent on investments.

Expected Flow

An estimation of the quantity of a commodity, cash, or traffic moved in a certain direction over a given period.

Future Productive

The potential or capacity for increased production or efficiency in the future, often influenced by investments in technology, education, or infrastructure.