Quiz on ” How To Know When It’s Time To Make The Decision “

1. What is the importance of considering base rates in financial decision-making?

a) Base rates have no impact on financial decision-making

b) Base rates can provide valuable information to help inform financial decisions

c) Base rates are irrelevant in financial decision-making

2. What is the potential downside to waiting to make a financial decision?

a) There are no downsides to waiting to make a financial decision

b) Options can expire and there are opportunity costs to waiting

c) Waiting is always the best option in financial decision-making

3. Why is it important to compare options relative to each other in financial decision-making?

a) There is no need to compare options relative to each other

b) It helps to determine the best option and identify opportunity costs

c) It is impossible to compare options relative to each other

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