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According to the Phenomenon of Loss Aversion,most People Expect That

Question 41

Multiple Choice

According to the phenomenon of loss aversion,most people expect that the negative impact of losing $1000 will be greater than the positive impact of winning $1000.What would this phenomenon have an impact on


A)  the informal development of schemas 
B)  the types of decisions people make 
C)  short-term memory 
D)  collective intelligence

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