You Have $1000 to Invest

question 61

Multiple Choice

You have $1000 to invest.You invest the entire sum in a new technology company that you think is about ready to make it big.You tend to be ____________.

• A)risk-seeking
• B)loss-adverse
• C)risk-adverse
• D)impulsive

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Definitions:

Automatic Processing

The ability of the brain to perform tasks with minimal or no conscious thought, often as a result of learning or repetition.

Recall, Recognition, And Relearning

Cognitive processes related to memory, where recall involves retrieving information without cues, recognition requires identifying information from available options, and relearning measures how much faster information is processed or learned again after it has been previously learned and forgotten.

Encoding

The initial process of transforming information into a form that can be stored in memory, an essential step in the creation of new memories.

Echoic Memory

A subtype of sensory memory that retains audio information for a brief period, usually up to several seconds after the original sound has ceased.