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A Field Study by Shultz and His Colleagues (2007)attempted to Get

question 30

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A field study by Shultz and his colleagues (2007) attempted to get people to reduce their energy consumption.Consumers were given weekly feedback about the social norms for energy consumption in their neighbourhood and their own consumption levels was relative to their neighbours.Based on this study,which technique below would prevented a "boomerang effect" from occurring if people were given such feedback.


Definitions:

Issue Price

The price at which new shares or bonds are offered to the public by a company or government for the first time.

Yield Per Annum

The annual return on an investment, expressed as a percentage of the total investment.

Retirement Income

Income that an individual receives after retiring from active employment, which can come from pensions, savings, investments, and government benefits.

After Tax

Referring to the net amount remaining after income tax has been deducted from gross income.

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