Carol's University Puts a Cap of $10,000 on the Combined

question 64

Multiple Choice

Carol's university puts a cap of $10,000 on the combined aid and scholarship money a student can receive.As a freshman,Carol had received $7,500 in combined loans and scholarships.For her sophomore year,Carol won a competitive $5,000 scholarship,and her previous aid package was reduced by $2,500.According to prospect theory,what will Carol's strongest feeling be?

• A) pride in winning the $5,000 scholarship
• B) happiness about the added $2,500 in her aid package
• C) sadness over losing $2,500 of her previous aid package
• D) happiness over having scholarship and aid money

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Definitions:

Mohenjo-daro

An archaeological site in the province of Sindh, Pakistan, representing one of the major settlements of the ancient Indus Valley Civilization, known for its advanced urban planning and architecture.

Chaitya Hall

A prayer hall in Indian Buddhism, usually carved out of rock, featuring a stupa at one end.

Stupa

A dome-shaped structure erected as a Buddhist shrine or a monument containing relics.

Mithunas

Iconographic representations of male and female figures, often found in Indian art, symbolizing fertility, love, or the unity of opposites.