(Last Word) the BIT Helped Poor People in the Philippines

question 189

Multiple Choice

(Last Word) The BIT helped poor people in the Philippines increase their saving by offering "commitment" savings accounts that restricted withdrawals until certain dates or savings targets were reached. This is an example of

• A) a nudge.
• B) anchoring.
• C) mental accounting.
• D) endowment effects.

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Definitions:

Motherboards

The main circuit board of a computer, to which all other components connect directly or indirectly.

Toner

The combined particles in a laser toner cartridge that produce an image when fused onto paper. Harmful if inhaled. Messy if spilled.

Ignite

Often used in a technological or business context to denote the start or launch of projects, ideas, innovations, or high-energy events aimed at stimulating interest and activity.

Electrical Fire

A fire caused by electrical faults, such as short circuits, overloaded electrical outlets, or old wiring, posing significant risk of damage and injury.