Answer:
D) systematic desensitization.
Explanation:
Systematic desensitization: In psychology, the term systematic desensitization is described as the behavioral technique that is used to treat anxiety, phobia, and intense fear. By using this technique, the psychologist engages a person or client in various ways of relaxation exercise and therapy and moderately exposes the person or client into anxiety-provoking stimulus, for example, place, object, animal, etc. Systematic desensitization is based on the classical conditioning principle.
In the question above, the approach used by Sal's therapist is systematic desensitization.
Answer:
Asymmetric information
Explanation:
The above case is a case of asymmetric information in the market. The person reading the newspaper have more information about the property. Whereas the person who would sell his ranch to Mr. Smith is the person not reading the news paper and not having any information.
Asymmetric information is also called information failure because one party in economic transaction has more information than the other.