question 1\n1 pts\npersonal financial planning is the process of creating and achieving financial…

question 1\n1 pts\npersonal financial planning is the process of creating and achieving financial goals.\ntrue\nfalse\nquestion 2\n1 pts\nwhat is a disadvantage of shared decision making?\nexploring multiple viewpoints\ndiscussing the pros and cons of the decision\ncreating a less impulsive, emotional decision\ncreating competition between individuals who want to \win\ the decision\nquestion 3\n1 pts\nwhat is an example of an inflation risk?\na persons income may drop.\nthe price of an item can rise or fall.\nthe rates of interest could rise or fall.\na person might become ill or have another major problem arise.

question 1\n1 pts\npersonal financial planning is the process of creating and achieving financial goals.\ntrue\nfalse\nquestion 2\n1 pts\nwhat is a disadvantage of shared decision making?\nexploring multiple viewpoints\ndiscussing the pros and cons of the decision\ncreating a less impulsive, emotional decision\ncreating competition between individuals who want to \win\ the decision\nquestion 3\n1 pts\nwhat is an example of an inflation risk?\na persons income may drop.\nthe price of an item can rise or fall.\nthe rates of interest could rise or fall.\na person might become ill or have another major problem arise.

Answer

Brief Explanations:

  • Question 1: Personal financial planning indeed involves setting and reaching financial goals, so it's true.
  • Question 2: Creating competition among individuals wanting to "win" the decision is a drawback of shared - decision making as it can lead to conflict rather than a good decision. The other options are advantages.
  • Question 3: Inflation risk is related to the change in prices. When the price of an item can rise or fall due to inflationary pressures, it is an example of inflation risk. A drop in income is more related to employment or personal - financial issues, interest rate changes are interest - rate risks, and personal health issues are personal risks.

Answer:

Question 1: True Question 2: creating competition between individuals who want to "win" the decision Question 3: The price of an item can rise or fall.