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    Psychology
  3. Study Set
    Principles of Psychology
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    Exam 10: Language and Cognition
  5. Question
    A Reluctance to Take a Risk That Might Lead to a Loss
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A Reluctance to Take a Risk That Might Lead to a Loss

Question 53

Question 53

Multiple Choice

A reluctance to take a risk that might lead to a loss of money is an example of


A) the anchoring effect.
B) loss aversion.
C) the gambler's fallacy.
D) algorithmic thought.

Correct Answer:

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