Which of the following best explains why life planning belongs under our definition of behavioral finance?
A)It deals with human actions that deviate from the financial goal of making as much money as possible
B)It deals with human actions that do not deviate from the financial goal of making as much money as possible
C)Because behavior is strongly influenced by life experience
D)Both a and c
E)Both b and c

Question

Quizplus · Accepted Answer

Life planning deals with human actions that deviate from the financial goal of making as much money as possible, which is a core aspect of behavioral finance as it considers how human behavior can impact financial decision making.

Which of the Following Best Explains Why Life Planning Belongs