Multiple Choice
Which of the following questions best illustrates the "framing effects" studied by behavioral economists?
A) Which would you rather have after lunch today, an apple or an orange?
B) How much would you rather receive: $100 while everyone else gets $110, or $80 like everyone else?
C) Where would you rather invest your funds, in stocks or gold certificates?
D) What would you rather do: go to college and postpone having a full-time job, or forgo college and get a full-time job now?
Correct Answer:
Verified
Correct Answer:
Verified
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