It's called a utopian society
Answer:
Laurent should invest in compound interest account.
Explanation:
Compound growth helps the assets rise quicker although interest is based on the accrued interest charges and also on the initial principal. Compound interest will produce a domino affect, when the initial money plus the profits received from those contributions expand together.
Answer: Your (false) assumption that Vlad is an athlete is most clearly an example of the representativeness heuristic
Explanation:
The representativeness heuristic is a short cut that we take to come to a conclusion or decision when we don't have sufficient information about something or someone by using what we already know.
The fact that we know what the gym is associated with , we will retrieve that information that already exist in our mind and link it with this new situation that we are trying to resolve in our mind.
Gym is associated with exercising and that information is what we have hence we will use that to assume that this person exercises because they go to the gym everyday.
Mental tricks that people use to help themselves believe things that are false are called <u>"Self-deception strategies".</u>
Self-deception is a procedure of denying or justifying ceaselessly the pertinence, noteworthiness, or significance of contradicting proof and consistent contention. Self-deception includes persuading oneself regarding a reality (or absence of truth) so one doesn't uncover any self-information of the misdirection.
Self-deception raises doubt about the idea of the individual, particularly in a mental setting and the idea of "self". Mindlessness is the establishment whereupon the contended conundrums of self-duplicity stem, and it is argued[weasel word] that not every person has the "exceptional abilities" and capacities with respect to self-trickiness.