Examlex
Which of the following is a cognitive bias that contributes to the failure of decision makers to acquire enough information to make a good decision?
New Economy
Refers to economies based on digital, telecommunications, and information technology innovations that fuel economic growth and productivity.
Technological Change
The innovation or adoption of new or improved technologies, which can enhance productivity, efficiency, and quality of life.
Low Unemployment
A situation where a very small percentage of the labor force is not engaged in gainful employment, indicating a healthy economy.
Protective Tariffs
Duties charged on imports to defend local sectors from international rivals by elevating the prices of goods from abroad.
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