Case 17.1 ​

question 58

Multiple Choice

Case 17.1
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William is a 38-year-old computer systems executive.He has come to a point in his life where he is reassessing his ambitions and personal life.He attends professional development conferences regularly and is working on an MBA.Although he eats a low-fat diet and exercises regularly,he works 70-80 hours a week,seldom sees his children except after they are in bed,does not visit his place of worship except on religious holidays,and feels as though his wife is a stranger.William believes that if he can earn just 20 percent more,he can relax because his family will be financially secure.
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-Refer to Case 17.1.Should William begin earning 20 percent more,what is he likely to discover?

• A) ​Money does not create or sustain happiness.
• B) Money is ultimately the most effective way to developing security in life.​
• C) He needs more money beyond the 20 percent salary increase.​
• D) Money is more important than physical fitness.​

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Definitions:

Mental Shortcuts

Cognitive strategies that simplify decision making by reducing the amount of information processed.

Cognitive Misers

A theory suggesting that humans, in an effort to conserve mental energy, prefer to rely on simple and efficient thought processes rather than engaging in more effortful and complex reasoning.

Judgements

Judgements are opinions or decisions formed after considering facts and evidence, often involving the evaluation of information to draw conclusions.

Emotional Relating

The process of connecting with others through emotions, empathizing with their feelings, and expressing one's emotional state.