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Question 1 1 pts Which of the following is true under prospect theory? Individuals are: o risk-taking with regard to gains and risk-taking with regard

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Question 1 1 pts Which of the following is true under prospect theory? Individuals are: o risk-taking with regard to gains and risk-taking with regard to losses. O risk-averse with regard to gains and risk-averse with regard to losses. o risk-averse with regard to gains but risk-taking with regard to losses. Question 2 1 pts The tendency to focus on changes in wealth rather than overall wealth results in: o overconfidence O frame dependence O money illusion Question 3 1 pts Research shows that one of the attributes of overconfidence is the tendency to: o trade too much O trade too little o not trade at all

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