The most important lesson investors can learn from behavioral finance is

A) to understand psychological factors influencing long-term price movement.
B) to have the humility to let professionals manage their investments.
C) how to avoid letting their emotions and biases affect their investment decisions.
D) to have confidence in their instincts and first impressions.

Answer: C

Business

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Fewer than 10 percent of all new products are truly innovative and new to the world

Indicate whether the statement is true or false

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Which of the following is a provision of the Freedom of Information Act?

A) It allows public admission to the day-to-day workings of an administrative agency. B) It protects persons from harassment by federal administrative agencies. C) It opens most federal administrative agency meetings to the public. D) It gives the public access to documents in the possession of federal administrative agencies.

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