The use of phrases such as “federal stimulus package” when the government announces an increase in the national debt is making use of what human thinking tendency?
a. the representativeness heuristic
b. fixation
c. the framing effect
d. base-rate fallacy
Ans: C
Education
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a. True b. False
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Indicate whether the statement is true or false.
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Answer the following statement true (T) or false (F)
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