If you suffer from money illusion, you:
A) are obsessed with earning high returns and gathering great wealth.
B) believe that your meager savings will support your retirement even though that is totally unrealistic.
C) do not understand the difference between nominal and real buying power.
D) refuse to recognize that you have incurred losses which will probably not be offset for an extended period of time.
E) believe that everyone else has more money than you do, even though that is untrue.
Correct Answer:
Verified
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