Defendants Who Demonstrate Overconfidence Bias

question 9

Multiple Choice

Defendants who demonstrate overconfidence bias

• A)are individuals who are more likely to make a plea decision based on possible gains as opposed to losses.
• B)are individuals who are more likely to make a plea decision based on possible losses as opposed to gains.
• C)are individuals who reject reasonable plea bargains because of the belief that they will receive a favorable outcome at trial.
• D)none of the above

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Definitions:

Equilibrium GDP

The level of Gross Domestic Product where aggregate supply equals aggregate demand within an economy.

Full Employment GDP

The output level of an economy when all available resources are employed efficiently, corresponding to a situation with no cyclical unemployment.

Classical Range

In economics, refers to the level of output where all resources are fully employed, and prices are flexible, historically associated with the Classical theory of economics.

Savings

Money that is set aside from disposable income or after personal expenses have been covered, often put into a deposit or an investment for future use.