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Self-efficacy refers to Group of answer choices 1. your risk-tolerance level. 2. how well you believe that you can achieve a goal. 3. how long you allow yourself to complete a financial goal. 4. your ability to not procrastinate in working toward a financial goal.

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  1. Yesterday, 15:32
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    how well you believe that you can achieve a goal

    Explanation:

    I can give you an example. A student who can solve mathematics problem well, he will definitely show major interest in statistical class too. It is all the ability analyzed by self to do a task.

    Self efficacy is basically a judgement of how well a person can do, said a famous physiologist "Albert Bandura".

    To have a better clarity, self-efficacy is not a personal trait, it is basically a "situation specific construct".
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