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Many People Do Not Invest in 401K Plans or Other

Question 102

Multiple Choice

Many people do not invest in 401K plans or other retirement plans-even though they are not broke, and could afford to put money aside. One explanation for this is the fact that people tend to engage in ____ when making decisions about how to manage their money.


A) reactance
B) the Zeigarnik effect
C) risk aversion
D) temporal discounting

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