Solve the Problem. Round to the Nearest Hundredth

question 38

Multiple Choice

Solve the problem. Round to the nearest hundredth.
-47% of what number is 83?

• A)176.60
• B)0.57
• C)1766.00
• D)57.00

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Definitions:

Public Policy

Government actions and regulatory measures that aim to address public issues, guide economic, social, and administrative activities.

Fully Rational

A term describing decision-makers who, with complete information, are able to consistently make choices that maximize their utility or profit.

Loss Aversion

A cognitive bias where the pain of losing is psychologically about twice as powerful as the pleasure of gaining.

Framing

In behavioral economics, the way in which choices are presented to consumers, affecting their decision-making and preferences.