If Becky Is Going to Retire Soon,which of the Following

question 25

Multiple Choice

If Becky is going to retire soon,which of the following funds is most appropriate for her?

• A)Income funds
• B)Growth funds
• C)Hedge funds
• D)Small-cap funds

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Definitions:

Cognitive Dissonance

The inner turmoil experienced when an individual simultaneously holds conflicting beliefs, ideas, or values.

Self-Perception Theory

A theory by Daryl Bem that suggests individuals infer their own attitudes and emotions by observing their own behavior and the context in which it occurs.

Self-Handicapping

A cognitive strategy where an individual creates obstacles to performance in order to maintain self-esteem in the face of potential failure.

Attitudes

Attitudes are relatively enduring sets of beliefs and feelings toward a person, object, or event, influencing an individual's emotional responses and behaviors.