FIN 320F Exam 1 Working Words (Duvic) Study Guide with Complete Solutions
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Course
FIN 320F
Institution
FIN 320F
FIN 320F Exam 1 Working Words (Duvic)
Study Guide with Complete Solutions
UNIT 1
Incentives - Answer️️ -Something that motivates a person to take or avoid taking an
action.
Resources - Answer️️ -Physical or intangible assets that can be used to accomplish a
goal.
Confirmation Bias - ...
FIN 320F Exam 1 Working Words (Duvic)
Study Guide with Complete Solutions
UNIT 1
Incentives - Answer✔️✔️-Something that motivates a person to take or avoid taking an
action.
Resources - Answer✔️✔️-Physical or intangible assets that can be used to accomplish a
goal.
Confirmation Bias - Answer✔️✔️-The tendency to process information by looking for, or
interpreting information that is consistent with one's existing beliefs. Encyclopaedia
Brittanica
Economic activity - Answer✔️✔️-The production, distribution and consumption of
economic assets.
Economic assets - Answer✔️✔️-Assets functioning as stores of value and over which
ownership rights are enforced by institutional units, individually or collectively, and from
which economic benefits may be derived by their owners by holding them, or using
them, over a period of time. OECD Glossary of Statistical Terms.
Property rights - Answer✔️✔️-The right to control an asset. This control includes how the
property should be used, how the benefits from this use are distributed, and the ability
to dispose of the asset.
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