Behavioral Economists Have Found That People Are More Willing to Save

question 11

Multiple Choice

Behavioral economists have found that people are more willing to save if saving is the default option, as in the case in which they have to opt out of an automatic payroll deduction savings plan. Economists call this:

• A) a rule of the game.
• B) the ultimatum game.
• C) the status quo bias.
• D) efficient rationality.

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