Which of the Following Is Not a Reason for the Declining

question 55

Multiple Choice

Which of the following is not a reason for the declining levels of trust in the United States in recent years?

• A) revelations about the faulty information that led up to the war in Iraq
• B) the government's inability to get the economy moving following the recession of 2008
• C) an increase in the knowledge of how government operates
• D) the bitter congressional battle over raising the national debt limit in 2011
• E) ongoing concern about the war in Iraq during the Bush administration

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Definitions:

Rationally

Acting based on reason or logic, typically in a way that maximizes self-interest or advantage within certain constraints or information.

Mental Accounting

The cognitive process individuals use to organize, evaluate, and keep track of their financial activities and decisions.

Irrational Decisions

Decisions made that do not follow logical reasoning or expected outcomes.

Opportunity Cost

The missed opportunity for profit from different options when a specific choice is made.