Availability heuristic: In psychology, the term availability heuristics is also referred to as availability bias and is determined as one of the mental shortcuts that generally depends on the different immediate examples that trigger an individual's mind while she or he was evaluating a particular decision, topic, concept, or method.
An individual who is experiencing the availability heuristics tends to make decisions based on the information present in his or her mind rather than exploring other alternatives.
In the question above, the given statement signifies the availability heuristics.
Supply-side fiscal policy is used with the idea that rich people stimulate job growth by hiring more people. This has proved to be somewhat inaccurate, however.
