Answer:c. Availability heuristic
Explanation:
When we make decisions based on the first infomation that becomes available in our mind this is referred to as availability heuristic. It allows us to take a short cut to get there however it may result to us making wrong conclusion about certain things.
If you can think of more cases of something more than you can think of the cases of the other thing you are likely to think that the one which you are able to think of more cases is more prevalent than this other one, which may not be the case , it may only be because you are only able to recall more cases of that one than you do with the other issue.
In this case you use availability heuristic to make incorrect conclusion.
You may overestimate the likelihood of something happening just because you judged it based on how many cases popped in your mind when you thought about it.
Max concludes that most undergraduates major in Psychology based on the fact that multiple number of his friends who majored in Psychology come into his mind however this is not the presentation of the vast population of students. He uses that available information to make incorrect conclusion
Cuba and the United States restored diplomatic relations on 20 July 2015, which had been severed in 1961 during the Cold War. U.S. diplomatic representation in Cuba is handled by the United States Embassy in Havana, and there is a similar Cuban Embassy in Washington, D.C.
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The Center for Global Development produces an annual index that ranks 27 developed nations by their contributions to and support of development in poorer, developing countries.
<h3>What is an annual index?</h3>
An index is a measure of something. In finance, it generally refers to a statistical measure of change in a securities market.
Annual Index is that final adjusted implicit price deflator that figure for the calendar year which ends immediately before the Lease Year.
Basically, an annual index ranks 27 developed nations by their contributions to and support of development in developing countries.
Learn more about an annual index here:-
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Answer: A trade barrier is a restriction on international trade.
Explanation: Trade barriers are government efforts to control/block any trades outside the country. They decrease general economic efficiency, which can be further supported by the theory of comparative advantage. Comparative advantage means that when a country produces a good for a lower opportunity cost than other areas. A country with comparative advantage makes trade-offs worth it.
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Well its in New York, USA.
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