Social Strain ______

question 6

Multiple Choice

Social strain ______.

• A) tends to disrupt the status quo
• B) is always detrimental to society
• C) tends to disrupt the equilibrium of the social structure
• D) tends to disrupt the status quo and tends to disrupt the equilibrium of the social structure

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Definitions:

Myopic Loss Aversion

A behavioral finance theory suggesting investors' tendency to avoid investments with potential losses, leading to an overly cautious investment strategy.

Recency Bias

The tendency to weigh recent events more heavily than earlier events when making decisions.

Representativeness Heuristic

The representativeness heuristic is a mental shortcut people use to classify something based on how similar it is to a typical case.

Endowment Effect

A cognitive bias that causes individuals to value an owned object higher than it would be valued if it were not owned.