8
QuizMultiple Choice

Smart Investing and Financial Decision-Making — Quiz

Question 8 • Personal Finance

What influences behavioral bias?

Answer
A
Emotions and experiences
B
Government rules
C
Only data
D
Only facts

Explanation

Behavioral bias is shaped by how people think and respond, including their emotions and past experiences. Government rules may affect decisions, but they are not the main influences named here; bias is not based only on data or facts. The correct choice is “Emotions and experiences.”

AI-written and checked against the verified answer.

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