A person, similar to most other people, in the situation given above will choose confirmation bias because of the loss aversion.
<h3>What is confirmation bias?</h3>
The general human tendency to decide or favor with a particular thing in such a way that there are no chances of losing, and it guarantees or confirms a benefit, is known as a confirmation bias.
Hence, options A-1; B-2 hold true regarding the confirmation bias in the given situation.
Learn more about confirmation bias here:
brainly.com/question/13044778
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Answer: It is a money deposited
at financial institution ( bank) that cant be withdrawn for a period of time( unless a penalty is paid. It can be called certificate of deposit
Explanation:
The deductible only is paid when a claim occurs. If you have a year without a claim, you will pay $25 a month
Answer:
Walking to the convenience
store to buy a snack.
Answer:
The correct answer is to put the two variables in the same type of measure.
Explanation:
To begin with, in order to compare to different variables that are in different measures the correct way to proceed is to put them in the same measure so therefore they will be comparable with each other. Once said that, in this case the person should put the psychological benefits in economics benefits as it is the other variable and in order to do that the person should think of what aspects of his productivity would increase if he takes the vacations and gains the psychological benefits. For example, after getting back from the holidays he may feel himself less stress and more relax and therefore that he may be able to either do more job, more studies or more excercises and all that can impact in an economic way.
