What Geographic Error Did Columbus Make

question 51

Multiple Choice

What geographic error did Columbus make?

• A) He grossly underestimated the size of the earth.
• B) He thought the earth was not round but flat.
• C) He was certain that India was east of the Americas.
• D) He expected the weather in India to be the same as in the North Atlantic.
• E) He confused the Atlantic Ocean with the Indian Ocean.

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Definitions:

Confirmation Bias

The tendency to search for, interpret, favor, and recall information in a way that confirms one’s preexisting beliefs or hypotheses.

Dictator Game

A mutually anonymous behavioral economics game in which one person (“the dictator”) unilaterally determines how to split an amount of money with the second player.

Ultimatum Game

A behavioral economics game in which a mutually anonymous pair of players interact to determine how an amount of money is to be split. The first player suggests a division. The second player either accepts that proposal (in which case the split is made accordingly) or rejects it (in which case neither player gets anything).

Neoclassical Economics

A method in economics that concentrates on how supply and demand determine the distribution of goods, outputs, and incomes within various markets.