According to Freud,rationality and Logical Thinking and Reasoning Are Controlled

question 62

Multiple Choice

According to Freud,rationality and logical thinking and reasoning are controlled by the

• A)ego.
• B)superego.
• C)alter ego.
• D)id.

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Definitions:

Time Value

The principle that current money has a higher value than the same amount would in the future, given its potential to earn more.

Money

A medium of exchange that is widely accepted in transactions for goods and services, acting as a unit of account, a store of value, and sometimes, a standard of deferred payment.

Compounding

A method in which an investment's worth grows over time as the returns, including both capital gains and interest, accumulate interest.

Compound Interest

The practice of charging interest on the principle amount along with the interest that has been piled up from past periods, relevant to both lending and saving scenarios.