LifeValues Quiz

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HotLemur7280
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Which of the following is NOT one of the four categories of values that drive financial behaviors?

Emotional values

From the text, how can strong inner values affect money habits?

They can lead to more confidence in financial transactions

What is the main difference between a rational motive and an emotional motive?

Rational motives are logical and practical, while emotional motives are based on a person's feelings or emotions

Which of the following is an example of a purchase with an emotional motive?

<p>Going to an expensive restaurant</p> Signup and view all the answers

When you do research in the decision-making process for making a major purchase, where can you get information from?

<p>Both primary and secondary sources</p> Signup and view all the answers

What is a cognitive bias?

<p>A systematic error in thinking that occurs when people are processing and interpreting information in the world around them</p> Signup and view all the answers

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