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AAFM Exam CWM_LEVEL_2 Topic 1 Question 55 Discussion

Actual exam question for AAFM's CWM_LEVEL_2 exam
Question #: 55
Topic #: 1
[All CWM_LEVEL_2 Questions]

Section B (2 Mark)

Which of the following two outcomes is an example of Loss Aversion Bias:

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Suggested Answer: D

by Alishia at Feb 03, 2023, 11:20 PM

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Wilda
9 days ago
Why do you think it's C?
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Leana
17 days ago
Hmm, this is a tricky one. I'm not entirely sure, but the Loss Aversion Bias seems to be related to the idea that people tend to prefer avoiding losses over acquiring equivalent gains. I think option C might be the right answer, but I'll have to double-check my notes.
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Erin
1 days ago
User 1: I think Loss Aversion Bias is when people prefer avoiding losses over acquiring gains.
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Sue
19 days ago
I disagree, I believe the answer is C.
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Wilda
24 days ago
I think the answer is A.
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