What Are the Two Distinguished Process Models of Decision Making

question 62

Multiple Choice

What are the two distinguished process models of decision making that were proposed by cognitive psychologists to the judges?

• A)Legal model of decision making and attitudinal model of human judgment
• B)Attitudinal model of decision making and deliberative model of decision making
• C)Altruistic model of decision making and intuitive model of decision making
• D)Intuitive process and deliberative process models of decision making

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Definitions:

Real GDP

Represents the total economic output of a country, adjusted for inflation, measuring the value of all goods and services produced over a specific time period.

GDP

Gross Domestic Product, which measures the total value of all goods and services produced within a country's borders in a given time period, used as a broad indicator of economic health.

Price Level

Denotes the mean of present prices for all types of goods and services produced in the economy.

GDI

Gross Domestic Income, which measures a country's total income earned from its economic activities, including wages, profits, and taxes minus subsidies.