Pfp ch3 - Study guides, Class notes & Summaries
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University of Arkansas ECON 101 PFP Chapter 3 Q&A Updated Summer 2023.
- Other • 8 pages • 2023
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- $9.49
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What is the first step in the financial planning process? 
A. Gather data. 
B. Communicate investment objectives to client. 
C. Identify household spending. 
D. Identify household goals and needs. 
E. None of the above. 
2. Behavioral finance can best be defined as: 
A. How to improve people's decision-making abilities so that they can more easily achieve the goals they 
set. 
B. The study of human actions in financial matters. 
C. How to understand people's decision-making abilities so that t...
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