Question

question 4
behavioral economics involves the social, cognitive, and emotional elements of financial decision - making.
true
false

Explanation:

Behavioral economics combines insights from psychology and economics. It examines how social, cognitive (like mental processes), and emotional factors influence financial decision - making. For example, people might make sub - optimal financial choices due to over - confidence (emotional) or because of social norms (social) influencing their investment decisions.

Answer:

True