After learning that her two best friends had lost their jobs, Mariah began to grossly overestimate the national unemployment rat
e. Mariah's reaction best illustrates the consequences of____________. A) confirmation bias.
B) the availability heuristic.
C) the representativeness heuristic.
D) the belief perseverance phenomenon.
E) the framing effect.
In psychology, the term <u>availability heuristic </u>refers to the tendency that people have to rely on immediate examples (usually close to them) when they have to evaluate a broader topic or concept. In other words, people make judgements based on specific examples that come to their mind.
In this example, two of Mariah's friends lost their jobs. Now Mariah is grossly overestimating the national unemployment rate. We can see that <u>Mariah is relying on immediate examples like what just happened to her two best friends to form an opinion on the national unemployment rate. </u>Therefore, this would be an example of availability heuristic.
The correct answer to the following question will be "Declining birthrates".
Explanation:
Birthrate decline was further limited solely to either the legal births. This helps their kids to maintain as well as preserve an existence comparable to their families although many are isn't as well-off as any parents.
This circumstance reflects decreasing patterns in birthrates impacting consumer behavior.
