Overvaluing the Present Relative to the Future Is Illustrated in Which

question 136

Multiple Choice

Overvaluing the present relative to the future is illustrated in which statement?

• A) A parent forgoes a family vacation to buy braces for a child.
• B) A parent spends his money on a very expensive piano because he wanted his child to have the best possible instrument for her to practice on as her skills grow.
• C) A parent spends money on elaborate Christmas gifts rather than her child's savings for college.
• D) A tablet is available on sale for $199 today or regular-priced for $299 next month, so because the good will be more expensive next month, the parent purchases the tablet today.

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Definitions:

Repress Memories

The psychological defense mechanism where an individual unconsciously blocks out memories that are too traumatic or stressful to confront.

Schemas

Cognitive structures or frameworks that help organize and interpret information, allowing individuals to understand and predict the world around them.

Flashbulb Memories

Vivid and detailed memories of significant or emotional events that feel as if they were recorded by a camera.