When Psychologists Began Applying Insights from Psychology to Develop Models

question 19

Multiple Choice

When psychologists began applying insights from psychology to develop models about economic behavior, they were developing the field of

• A) financial psychology.
• B) behavioral economics.
• C) economic psychology.
• D) social-psychological economics.

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Definitions:

S Corporations

A type of corporation in the United States that allows profits, and some losses, to be passed directly to owners' personal income without being subject to corporate tax rates.

Limited Liability Companies

Business entities that offer their owners limited personal liability for the debts and actions of the company while enabling profit distributions.

Poison Pill

A strategy employed by companies to thwart hostile takeovers by making their stock less attractive to potential acquirers.