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What factor explains the influence of anchoring on judgments?
Poverty
The state of being extremely poor, where individuals or communities lack the financial resources for basic needs such as food, shelter, and healthcare.
Official Definition
An explanation or description that is approved and sanctioned by a recognized authority.
Poverty
Poverty is a condition where individuals or communities lack the financial resources to meet basic life necessities such as food, shelter, and healthcare.
Progressive Taxes
A tax system in which the tax rate increases as the taxable amount increases, placing a higher financial burden on wealthier individuals or entities.
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