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jok3333 [9.3K]
4 years ago
6

What is behavioral finance? What does behavioral finance have to do with personal and family finance?

Business
2 answers:
Fofino [41]4 years ago
8 0
Behavioral finance combines behavioral and cognitive psychological theory. It is reasoning's why people make irrational financial decisions. It is related to personal and family finance because people can make irrational choices there too!
garik1379 [7]4 years ago
5 0

Answer:

Behavioral finance is the branch of economics that studies how people make financial decisions. These finances are related to personal and family finances, because these are factors that directly influence an individual's economic decisions.

Explanation:

Behavioral finance is an area of studies in Economics that aims to understand the decisions that people make in the financial sphere, from the very structure of human behavior, their motivations and, in general, from Psychology. These decisions are directly linked to personal and family factors and therefore we can say that they are related to personal and family finances.

At different times, these two sciences (economics and psychology) "flirted", without ever fixing a point truly common to each other. In particular, because for a long time Economics saw the components it studied following the ideal of Homo Economicus, that is, that of a human being who produces and consumes following only his own rationality.

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What are the advantages of being a member of World Trade Organization​
frutty [35]

Answer:

Explanation:

Every member country of the world trade organization enjoys the following benefits;

1. They enjoy more support for the development of their local industry

2. Member countries have access to get loan and incentives.

3. There is an existence of peacefully trading among member countries.

4. World trade organization helps members to grow their economy.

5. Through the growth of the economy, unemployment is reduced.

6. World trade organization also helps to resolve disputes among member countries

8 0
3 years ago
Lazario Motor Car Company produces some of the most luxurious and expensive cars in the world. The company typically authorizes
Nikitich [7]

Answer:

D) exclusive

Explanation:

An exclusive distribution strategy is used when only one product retailer is allowed in a given geographic area. Generally the manufacturer (or supplier) and the retailer sign an agreement where the retailer is given exclusive rights to sell the product within a given geographic area.

This type of distribution strategy is used by manufacturers of all types of products, ranging from high end luxurious products to convenience goods. For example, Coca Cola uses exclusive distribution rights on foreign countries, where they have only one producer and distributor per country.

6 0
4 years ago
Bramble Corp. has current assets of $1490000 and current liabilities of $820000. If they issue $175000 of new stock what will th
crimeas [40]

Answer:

New Current ratio will be 1.82

Explanation:

Current assets       = $1,490,000

Current liabilities   = $820,000

New stock issued  = $175000

Current Ratio = Current Assets /  Current Liabilities

Current Ratio = $1,490,000 / $820,000

Current Ratio = 1.8171 = 1.82

New Stock issue will not effect the current ratio as current ratio only deals the current assets and current liabilities ( as given in formula above ). Any equity transaction will not effect this ratio.

4 0
3 years ago
Which of the following are used as indicators of a strong market in the future?I. The advance-decline spread is increasing at a
Simora [160]

Answer:

A) I and II only

Explanation:

Advance decline ratio states the number of companies that have shown positive move visa a visa the number of stocks that have shown negative move

Hence the higher the ratio, the market as a whole is indicated as a stronger market

Rest of the options are indicative of bearish outlook

6 0
3 years ago
What term describes information that is sent to recipients without their request via reports, e-mails, faxes, voice mails, and o
jarptica [38.1K]

The term " Push Communication "describes the information that is sent to recipients without their request via reports, e-mails, faxes, voice mails, and other means.

<h3>What is the difference between pull and push communication?</h3>

When an urgent reaction is not needed, push communication is appropriate. On receiving the message, the addressee does something, though. Informational communication is a type of pull communication. The message is communicated by the sender via websites, bulletins, etc.

In push communication, the sender pushes information in one direction to the receiver. The most frequent use of it is to provide expected, non-urgent information. Push communication is typically communicated in writing and does not require a prompt reaction from the recipient.

Learn more about Push Communication here:

brainly.com/question/13653950

#SPJ4

3 0
2 years ago
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