Political Officials Who Have No Doubt That Their Own Economic

question 80

Multiple Choice

Political officials who have no doubt that their own economic and military predictions will come true most clearly demonstrate

• A) hindsight bias.
• B) random sampling.
• C) overconfidence.
• D) the placebo effect.

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Definitions:

In Writing

A contractual or legal requirement that stipulates information, agreements, or official statements must be documented in physical or electronic text form.

Limited Liability Partnership

A partnership where some or all partners have limited liabilities, protecting them from the debts of the partnership beyond their investment.

Negligently

Acting with a lack of care or concern for the consequences of one's actions that a reasonable person would have shown.

Liability

Legal responsibility for one's actions or omissions, which can result in an obligation to compensate any harm caused to others.