The Tendency to Judge Something by Intuitively Comparing It to Our

question 50

Multiple Choice

The tendency to judge something by intuitively comparing it to our mental representation of a category is to use the _____ heuristic.

• A)availability
• B)representativeness
• C)vividness
• D)matching

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Definitions:

Residential House

A residential house is a type of building designed and used as a dwelling place for families and individuals, providing living spaces and facilities for daily activities.

Permanent Income Hypothesis

A theory suggesting that people's consumption choices are based not just on their current income, but also on their expected income in the future.

Monthly Income

The total amount of income or earnings generated by an individual or entity before taxes and deductions, within a month.

Age Group

A segment of a population defined by age. People in the same age group generally face similar life experiences and challenges.