Multiple Choice
Government programs aimed at stimulating personal savings:
A) are designed to take advantage of the flaws in the availability heuristic.
B) help mitigate regression to the mean in most cases.
C) increase welfare if people discount the future too heavily.
D) decrease economic efficiency if people have impulse control problems.
Correct Answer:
Verified
Correct Answer:
Verified
Q78: In numerous experiments, researchers have found that
Q79: The general resistance to change, often stemming
Q80: Status quo bias is the:<br>A)general enthusiasm for
Q81: _ is the tendency to experience losses
Q82: According to the availability heuristic, we often
Q84: Last week, Gina's bakery sold fewer cupcakes
Q85: The fact that people sometimes regret having
Q86: The _ assumes that people choose efficient
Q87: If people care about relative consumption rather
Q88: Typically, when people use anchoring and adjustment