The Impact Bias in Affective Forecasting Refers to the Phenomenon

question 93

Multiple Choice

The impact bias in affective forecasting refers to the phenomenon in which

• A) voters predicted that they would be much happier one month after an election if the candidate for whom they voted won as opposed to lost.
• B) people tend to overestimate the strength and duration of their emotional reactions to events.
• C) people are generally accurate predictors of how they will feel about future events.
• D) people tend to underestimate how happy they will be several months after winning the lottery.

---

Definitions:

Net Income

The remaining earnings of a company after subtracting total expenses and taxes from its gross revenue.

Dividends

Payments made by a corporation to its shareholders, usually out of profits or reserves.

Net Income

The total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue; a key indicator of financial health.

Dividends

Profits distributed by a corporation to its share owners, regularly as a monetary payment.