People Generally Prefer to Conserve Effort by Relying on Automatic

question 32

Multiple Choice

People generally prefer to conserve effort by relying on automatic modes of thought (rather than conscious modes of thought) whenever they can. That is, people tend to ____.

• A)rely on base rates
• B)avoid using scripts
• C)make upward comparisons rather than downward comparisons
• D)be cognitive misers

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Definitions:

Income Ratio

A financial metric comparing two aspects of a company's income, often used to assess financial health or operational efficiency.

Original Investments

The initial amount of money put into a venture, project, or asset, serving as the basis for generating earnings or losses.

Net Income

A financial metric that represents the profit of a company after all expenses and taxes have been subtracted from total revenue.

Salary Allowances

Employee benefits added to base salary, such as health insurance, bonuses, or retirement contributions.