In a Country with a Low Uncertainty Avoidance, People Cope

question 119

Multiple Choice

In a country with a low uncertainty avoidance, people cope with uncertainty ________.

• A)by following rules and depending on social institutions
• B)by making new rules
• C)largely without rules or strong social institutions
• D)by looking to the religious teachings

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Definitions:

365-Day Year

A method of interest calculation that uses a full calendar year to determine the amount due.

Loan Period

The duration of time from the initiation to the full repayment of a loan.

Exact Simple Interest

A method of calculating interest that uses a base of 365 days per year, ensuring accuracy based on actual calendar days.

365-Day Year

A 365-day year is a calendar method used in finance that assumes all years have 365 days for the calculation of interest rates.