Brittany Decides to Save $50 from Each Paycheck So That

question 97

Multiple Choice

Brittany decides to save $50 from each paycheck so that she can go on a Spring Break trip with her college roommates. However, when she gets paid this week, she spends all of her money on new clothes. Which of the following insights into human behavior does Brittany exhibit?

• A)People are overconfident.
• B)People care about fairness.
• C)People are reluctant to change their minds.
• D)People are inconsistent over time.

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Definitions:

Multiplication

A mathematical operation that combines two numbers to get their product.

Addition

The mathematical process of combining two or more numbers to get their total.

Exponentiation

A mathematical operation involving two numbers, the base and the exponent, where the base is multiplied by itself as many times as the exponent indicates.

Division

A mathematical operation involving the process of calculating how many times one number is contained within another.