QUESTION 22 Which one of the following defines frame dependence? 1. Investors tend to make more cognitive errors when th
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QUESTION 22 Which one of the following defines frame dependence? 1. Investors tend to make more cognitive errors when th
QUESTION 22 Which one of the following defines frame dependence? 1. Investors tend to make more cognitive errors when they view investing as gambling 2. Investors react differently to prospective gains and losses 3. Investors react differently depending on how an opportunity is presented 4. Investors suffer from money illusion in bull markets but not in bear markets 5. Investors tend to be more irrational in bear markets than in bull markets