The Concept of Loss Aversion Predicts That Achieving a Gain

question 49

Multiple Choice

The concept of loss aversion predicts that achieving a gain is

• A) not as motivating as avoiding a loss.
• B) an effective way to offset perceived loss.
• C) more motivating than avoiding a loss.
• D) an ineffective way to offset perceived loss.

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Definitions:

DSM Code Number

A numerical code assigned to each diagnostic category in the Diagnostic and Statistical Manual of Mental Disorders for classification purposes.

Insurance Companies

Organizations that provide financial protection and compensation for losses or damages in exchange for payment of premiums.

Bulimia Nervosa

An eating disorder characterized by episodes of excessive eating (bingeing) followed by forced vomiting or use of laxatives (purging).

Cultural Syndrome

A combination of psychiatric and somatic symptoms that are considered a recognizable disease only within a specific society or culture.