To Guide a Person Through Complicated Decisions Such as Whether

question 44

Multiple Choice

To guide a person through complicated decisions such as whether to get a particular credit card, behavioral economists advocate electronic disclosure in which characteristics such as late fees and high interest rates would be explained clearly. They call this type of nudge a(n) :

• A) pricing nudge.
• B) encouragement nudge.
• C) information nudge.
• D) advantageous default option nudge.

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Definitions:

To Secure These Rights

A landmark report from 1947 by the President's Committee on Civil Rights, recommending measures to ensure equal rights and eliminate discrimination.

Black Americans

A term referring to Americans with ancestry from black racial groups of Africa, often used interchangeably with African Americans.

Fair Employment Practices Commissions

Governmental bodies established to monitor and enforce anti-discrimination policies in the workplace, ensuring fair treatment of employees regardless of race, color, religion, sex, or national origin.