Don Is Convinced That It Would Be Best If the U.S

question 347

Multiple Choice

Don is convinced that it would be best if the U.S. was on a gold standard. He enthusiastically reads any editorials or articles that confirm his view. He frequently dismisses editorials and articles that argue against the gold standard because he presumes they are flawed or written by "crackpots." Don's behavior most clearly illustrates which of the following systematic mistakes that people make?

• A)people are overconfident
• B)people give too much weight to a small number of vivid observations
• C)people are reluctant to change their minds
• D)All of the above are correct.

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Definitions:

Agrarian

Pertaining to agriculture or the cultivation of land, often used to describe societies primarily focused on farming.

Pay It Forward

The act of repaying the benefits one has received by providing benefits to others, rather than to the original benefactor.

Upstream Reciprocity

A concept in social psychology suggesting that the act of being helped often leads to an individual helping someone else other than their original benefactor.

Pro Social Behavior

Acts performed with the intention to benefit others, such as helping, sharing, or comforting.