Sasha Keeps Her Money in Specific Accounts for Specific Purposes

question 11

Multiple Choice

Sasha keeps her money in specific accounts for specific purposes. For example, when she saves for a car, she has a car savings account. Sasha is exhibiting _____.

• A) the sunk cost fallacy
• B) time inconsistency
• C) the framing effect, specifically mental accounting
• D) the endowment effect

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Definitions:

Disorganized Majorities

This term typically refers to a large group of individuals or entities that lack coordination or unified direction, impacting their collective effectiveness.

Media Polls

Media polls are surveys conducted by or for media organizations to gauge public opinion on various topics, often related to politics, culture, or consumer preferences.

Audience Effects

Changes in a person's behavior, performance, or response when they are aware of an audience.

Constituent

A member or part of a larger group, system, or whole, often with specific rights or responsibilities.