When investors follow a "herd instinct," they make decisions:
A) based on the results of performance analysis.
B) based on emotion, not objective information.
C) as a group, inflating the prices of goods somewhat arbitrarily.
D) based on the sound logic of a group, rather than the individual.
Correct Answer:
Verified
Q1: The recency effect is:
A) the basic human
Q3: If you gained 20 percent on $200
Q4: If you have $1,000 in an account
Q5: If you lost 50 percent on $100
Q6: On the whole, when financial markets are
Q7: If you lost 10 percent on $200
Q8: If you have $100 in an account
Q9: In finance, the leverage ratio is the
Q10: A bubble occurs when:
A) an asset is
Q11: A financial bubble inflates when:
A) investors become
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