Suppose Christina just saw an advertisement on television for an antidepressant, but it has been a long time since James saw one. According to the availability heuristic:
A. Christina and James are likely to think that depression is equally common.
B. Christina is likely to think that depression is more common than James.
C. James is likely to think that depression is more common than Christina.
D. Christina and James are equally likely to think that people recover from depression.
Answer: B
You might also like to view...
All of the following will tend to increase the number of years until the oil stock is depleted except
A) falling oil prices. B) additional oil exploration. C) conservation measures. D) development of oil substitutes.
In a perfectly competitive market, a(n) ________ occurs because ________
A) efficient outcome; total surplus is maximized B) deadweight loss; firms minimize average minimum cost C) efficient outcome; the fair rules condition is met D) deadweight loss; firms must be price takers E) deadweight loss; total surplus is minimized
The cost of using a good for some specific period of time is called the ________ of the good
A) issue price B) rental price C) auction price D) market price
According to the Mercantilists, governments should
A. not spend much on national defense. B. allow for free trade unencumbered by government regulations and restrictions. C. subsidize and encourage exports. D. subsidize and encourage imports.