Answer:
Judgmental heuristic.
Explanation:
As the exercise introduces with the example of the two classmates, we can see that a judgmental heuristic is a series of principles or methods by which one makes assessments, judgements, probabilities, etc., simpler. For example the rule that "the faster people talk, the smarter they are" or, another one, the taller a person is, the better they are at basketball. You make an assessment to reduce a quantity, make a probability simpler, to narrow options.
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Under Hammurabi's laws, the distinction between an accident and deliberate action was almost non-existent. ... meaning that they did not care whether a crime was intentional, or accidental .
Answer:
A rise in the productivity of a commodity or process that will result in increased production without increased input may be called a technical improvement in the economy. It consists of three stages: the development of a new product or process. Innovation – the first time innovation has been applied.
Technology is at an astonishing rate transforming our world. In a few short years, we have been able to connect and learn about the environment on the internet, smart devices, and social media. This opens up new vehicles for the dissemination of truthful and false knowledge and brings new voices to the public dialogue of society. The internet's invasion of the real world by means of trillions of computers that are accessible digitally for the "Internet of Things" has created new possibilities for productivity and entertainment. And when we transition to a more integrated, open environment than ever before, we must still expect technical shifts.
Answer: I guess it gives you a reason to get up, but also makes you a healthy idividual.
Explanation:
So there is a circular flow of income in between two sectors – household sector and firm sector. This circular flow of money will continue indefinitely. In this way the economy functions. But, it is a fact that this flow of money income will not always be same.