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A Child Who Has Started to Speak in Two-Word Phrases

question 206

Multiple Choice

A child who has started to speak in two-word phrases is probably in

Understand the distinction and application of System 1 and System 2 in decision-making processes.
Recognize various cognitive biases and their impact on economic behavior.
Comprehend the role of advertising and media in economic decisions.
Identify common errors in personal forecasting and planning due to cognitive biases.

Definitions:

Cognitive Dissonance

The unease in one's mind stemming from the coexistence of two or more opposing beliefs, ideas, or values within the same person.

Implicit Attitudes

Unconscious beliefs or feelings towards objects, people, or situations which can influence behavior and perceptions.

Attitude Accessibility

The ease with which an attitude can be retrieved from memory.

Insufficient Justification Effect

A phenomenon where individuals experiencing insufficient external reasons for their actions undergo attitude change to reduce dissonance.

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