Which of the Following Best Accounts for People's Greater Fear

question 3

Multiple Choice

Which of the following best accounts for people's greater fear of commercial air flights than of driving an automobile?

• A) perceived control
• B) fixation
• C) the framing effect
• D) insight

---

Definitions:

Payments

Transactions where a good or service is exchanged for monetary compensation.

Present Value

The current value of a future sum of money or stream of cash flows, discounted at a specific interest rate.

Future Cash Flows

The anticipated receivable or payable cash amounts of a company, used for investment analysis and financial planning.

Investor

An individual or institution that allocates capital with the expectation of receiving financial returns.