One of the Most Fundamental Differences in Hinduism Is the Split

question 42

Multiple Choice

One of the most fundamental differences in Hinduism is the split between viewpoints that are monistic and

• A) atheistic.
• B) dualistic.
• C) polytheistic.
• D) transtheistic.

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Definitions:

Present Consumption

The act of using goods and services to satisfy current needs and desires rather than saving for future use.

Self-Control Problems

Refers to the difficulty people have in sticking with earlier plans and avoiding suboptimal decisions when finally confronted with a particular decision-making situation. A manifestation of time inconsistency and potentially avoidable by using precommitments.

Time Inconsistency

The human tendency to systematically misjudge at the present time what will actually end up being desired at a future time.

Behavioral Economists

Economists who study the psychological, cognitive, emotional, cultural, and social factors on the economic decisions of individuals and institutions.