You Have a Choice to Perform an Easy Task, an Intermediate

question 229

Multiple Choice

You have a choice to perform an easy task, an intermediate task, or a difficult task. If you succeed, you will win $1000 for the easy task, $10,000 for the intermediate task, and $100,000 for the difficult task. If you fail, you will have to pay me 10% of the possible winnings. In addition, you will have to be in a high state of arousal. Which task should you choose to make sure that you win?

• A) the intermediate task
• B) the easy task
• C) anything but the easy task
• D) the chances are the same for all of the tasks
• E) the difficult task

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Definitions:

Personal Income Tax

A tax levied on individuals or households based on their total annual income.

Corporate Income Tax

A tax imposed on the net income or profit of corporations.

Governs Least

A principle often associated with libertarianism, suggesting that the best government is one that exercises minimal intervention in personal lives and the economy.

Government

The organization or system through which a community or nation is governed, responsible for creating and enforcing rules and managing public resources.