Adam and Brittany Both Recently Started New Jobs

question 191

Multiple Choice

Adam and Brittany both recently started new jobs. Both have determined that they should save 10 percent of their monthly income toward retirement. Adam's employer has no program established for payroll deduction, but he could easily set up automatic withdrawals to go into a retirement fund. Brittany's employer automatically directs 8 percent of the paycheck into a retirement fund, but the employee can change the percentage deducted. Behavioral economists would expect

• A)Adam to save more, as he would set up a 10 percent automatic withdrawal, while Brittany would stay at the default of 8 percent.
• B)Brittany to save more, as both would tend to stay at the defaults provided by their employers.
• C)them both to save 10 percent eventually, as both had predetermined that that was the optimal amount to save.
• D)Brittany to feel a greater sense of loss by seeing funds automatically withheld each month.

Understand the causes and effects of various system failures in refrigeration systems.

Identify the components of a refrigeration system and their functions.

Recognize the common refrigerants used in refrigeration systems and their applications.

Understand the basic principles of thermodynamics as they apply to refrigeration.

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Definitions:

Cooperative Reactions

Actions undertaken by individuals or groups that are designed to work together in a mutually beneficial manner.

Ingroup-Outgroup Bias

The tendency to favor members of one's own group (ingroup) over those from different groups (outgroup).

Ethnocentrism

The belief in the inherent superiority of one's own ethnic group or culture, often accompanied by prejudice towards other groups.

Superordinate Goals

Objectives that require the cooperation of two or more parties with typically conflicting interests, thus promoting collaboration between them.