Which of the Following Biases Refers to Individuals Who Tend

question 88

Multiple Choice

Which of the following biases refers to individuals who tend to strongly prefer avoiding losses rather than acquiring gains?

• A) loss leaders
• B) zero-risk bias
• C) self-serving bias
• D) loss aversion
• E) money illusion

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Definitions:

Verbs and Gerunds

Verbs express action or state of being, while gerunds are verbs in their -ing form functioning as nouns in a sentence.

Parallelism

The use of components in a sentence that are grammatically the same or similar in construction, sound, meaning, or meter.

Background Check

The process of looking into a person's or organization's history to verify credentials or assess the reliability and integrity.

Credit History

A record of a borrower's responsible repayment of debts.