Relative Insensitivity to Delayed Rewards Helps Explain Why It Is

question 412

Multiple Choice

Relative insensitivity to delayed rewards helps explain why it is:

• A)common for people to choose the better of two immediate options.
• B)common for most people to save their discretionary income,rather than spend it.
• C)difficult for public officials to mobilize their efforts to thwart an imminent terrorist attack.
• D)difficult for people to change their behaviour to address global warming.

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Definitions:

Margaret Thatcher

A British stateswoman who served as the Prime Minister of the United Kingdom from 1979 to 1990, known for her conservative policies, staunch anti-communism, and leadership during the Falklands War.

British Economic Policy

The strategies and decisions by the British government aimed at managing the United Kingdom's economic affairs, including taxation, spending, and trade regulation.

Government Spending

Refers to the money used by a government for its operations, public projects, and social services.

Domestic Politics

Political activities, decisions, and policies that occur within a country's borders, focusing on internal issues rather than international relations.