Individuals vary with respect to their willingness to accept risk. Most people are willing to pay a small cost now if it means they can avoid a possible larger loss later.
Standard detail
2.
Benchmark
Depth 1Parent ID: 944E70AF441B4A6CA5BB705835A1ADCFStandard set: Grades 9, 10, 11, 12
Original statement
Quick facts
- Statement code
- 2.
- List ID
- 2.
- Standard ID
- DFAB330F1F794F6F9E3179EDC356C92D
- ASN identifier
- S2604632
- Subject
- Financial Literacy
- Grades
- 09, 10, 11, 12
- Ancestor IDs
- 944E70AF441B4A6CA5BB705835A1ADCF
- Source document
- National Standards for Financial Literacy (2013)
- License
- CC BY 3.0 US