Author Question: Alysha is nervous about layoffs at work, so she wants to be sure that her investments can be easily ... (Read 81 times)

chads108 · **on:** Jul 14, 2018

Alysha is nervous about layoffs at work, so she wants to be sure that her investments can be easily converted to cash if she gets laid off and needs the money to pay her bills. Which factor in selecting investments does this illustrate?
A) Investment horizon
B) Risk tolerance
C) Investment diversification
D) Asset allocation
E) Liquidity needs

Question 2

Suppose you and your friend Tina sign up to be lifeguards at the local YMCA for the summer. Although you are both CPR certified and have the same amount of lifeguarding experience, Tina makes 1 more per hour than you. According to equity theory, which of the following actions are likely to take?
A) Do nothing.
B) Work harder.
C) Ask for a raise.
D) Offer to work more hours.
E) Encourage Tina to work less.