An important finding of prospect theory suggests that individuals
a. are more willing to take risks to achieve a gain than to avoid a loss.
b. are unable to make a rational decision in a moment of crisis.
c. never waver from the way cost-benefit decisions are made.
d. are more willing to take risks to avoid a loss than to achieve a gain.
d
You might also like to view...
Explain E. E. Schattschneider's observation: "The flaw in the pluralist heaven is that the heavenly chorus sings with a strong upper-class accent."
What will be an ideal response?
Under the household responsibility system,
a. villages own the farmland but contract it out to individual families who operate it chiefly according to the profit motive. b. formerly collectively owned land has been transferred to private ownership. c. individual households are held responsible for a certain level of agricultural output. d. individual households and families are responsible for the provision of many social services previously guaranteed by the state. e. individual households are permitted to own, or invest in, rural enterprises that are, in turn, collectively managed by local authorities.
A 2014 poll showed that Americans ranked _____ as the least trustworthy institution in the federal government?
a. Congress b. bureaucracy c. the Supreme Court d. the executive branch
Why did African Americans, who had typically voted Republican since the Civil War, switch to the Democratic Party in the twentieth century?
a. Many black voters were alienated by the Republican New Deal program. b. Many were poor and attracted to the New Deal’s economic programs. c. Republicans turned away from their initial support of the civil rights movement. d. Southern Democrats promised to do away with poll taxes and literacy tests in return for the loyalty of black voters. e. The Republican administrations since the end of Reconstruction had steadily increased taxes on African Americans.