Choice architects know that whether something feels like a loss or gain often depends on how:
A. often the decision is made.
B. it is structured in terms of time to make the decision.
C. it is framed.
D. large the outcome is.
Answer: C
You might also like to view...
The narrowest definition of the money supply is
A) M1. B) M2. C) the difference between M2 and M1. D) the sum of M1 and M2.
Assume that Burger King employees work in an air-conditioned environment while McDonalds employees do not. Other things equal, you would expect wages to be ____ in Burger King because ____
a. higher; Burger King employees are more productive b. lower; McDonald's employees are more productive c. higher; Burger King is a more prestigious place to work d. lower; Burger King has more favorable working conditions
One thing the Fed has learned over the past twenty-five years is:
A. the money multiplier has a trend rate of growth that is fairly constant. B. it should focus its attention on targeting M2. C. the money multiplier is fairly constant no matter what changes are made to the monetary base. D. the money multiplier is unstable over time.
An increase in the price of MP3 players will result in
A) a smaller quantity of MP3 players supplied. B) a larger quantity of MP3 players supplied. C) a decrease in the demand for MP3 players. D) an increase in the supply of MP3 players.