The concept of loss aversion is:
A. preferring certain outcomes over uncertain ones.
B. a general tendency for people to put more effort into achieving gains than avoiding losses.
C. a general tendency for people to put more effort into avoiding losses than achieving gains.
D. a spectrum of tolerance for risky situations.
C. a general tendency for people to put more effort into avoiding losses than achieving gains.
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The most prevalent market structures in the U.S. economy are perfect competition and monopolistic competition
Indicate whether the statement is true or false
If the Federal Reserve uses open-market operations to lower the interest rates on short-term U.S. government bonds, then as a consequence asset prices:
A. Increase, and the average expected rate of return on assets decreases B. Decrease, and the average expected rate of return on assets increases C. Increase, and the average expected rate of return on assets increases D. Decrease, and the average expected rate of return on assets decreases