Financial Math Topic 2 Practice Test
Mathematics
12th Grade
CCSS covered
Used 6+ times
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25 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
Which of the following cognitive biases is described in the scenario?
Fear of Missing Out
Endowment Effect
Loss Aversion
no cognitive bias
2.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
Which of the following cognitive biases is described in the scenario?
Fear of Missing Out
Endowment Effect
Loss Aversion
no cognitive bias
3.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
Which of the following cognitive biases is described in the scenario?
Fear of Missing Out
Endowment Effect
Loss Aversion
no cognitive bias
4.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
Which of the following cognitive biases is described in the scenario?
Fear of Missing Out
Endowment Effect
Loss Aversion
no cognitive bias
Tags
CCSS.HSS.MD.B.6
CCSS.HSS.MD.B.7
5.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
Choose the word defined as: "the tendency for people to follow the actions of the masses."
opportunity cost
loss aversion
social proof
overconfidence bias
Tags
CCSS.RL.5.6
6.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
Choose the word defined as: "the phenomenon where people see a potential loss as more severe than the possibility of an equivalent gain."
opportunity cost
loss aversion
social proof
overconfidence bias
Tags
CCSS.RL.5.6
7.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
Choose the word defined as: "the tendency people have to be more confident in their own abilities when compared to others."
opportunity cost
loss aversion
social proof
overconfidence bias
Tags
CCSS.RL.5.6
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