After Taking Two Years of Economics Courses, Lionel Thinks He

question 54

Multiple Choice

After taking two years of economics courses, Lionel thinks he knows enough about business to become a millionaire. Lionel should become more aware of

• A) the availability heuristic.
• B) mental set.
• C) belief perseverance.
• D) overconfidence.

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Definitions:

Symptoms

The signs and manifestations of a disease or condition experienced by an individual.

Glass Ceiling

Metaphor for the invisible barrier that prevents women and people of color from advancing to the highest levels of the career ladder.

Ethnic Minorities

Groups of people who differ in race, religion, or cultural background from the majority of the population in a particular place.

Obesity

A medical condition characterized by excess body fat that presents a risk to health, often a consequence of imbalanced diet and lack of exercise.