Answer:
The availability Heuristics
Explanation:
We make decisions and judgments every day. The heuristic is a mental shortcut that helps us in making the decision and judgment quickly without having spent a lot of time searching or analyzing the facts.
<u>Availability Heuristic:
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Firstly it tells about how quickly we make the decision and judgment and how easily something gets into the mind. We always rely on how easily we can think of an example when we making any decision or judgment.
The problem with availability heuristic is that we assume that if we get all examples, readily available in our mind, the event or the subject matters is a commonplace.
However, there are many situations in which availability heuristics is accurate and useful.
Answer:
Inflation means there is a sustained increase in the price level. The main causes of inflation are either excess aggregate demand (AD) (economic growth too fast) or cost push factors (supply-side factors). So, the government needs to release information on changes so people know these important factors.
Explanation:
Answer:
D. many nations wanted to gain economic independence
Georgia, Delaware,West Virginia, Kentucky, Tennessee,
Answer:
Explanation:
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