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[Instruction: Begin by answering whether the following statement is true or false. If you think a statement is false, explain your answer in ONE or

[Instruction: Begin by answering whether the following statement is true or false. If you think a statement is false, explain your answer in ONE or TWO SENTENCES. If you think a statement is true, no explanation is required.]

Framing bias means that investors are too slow in updating their beliefs in response to evidence.

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