Which of the Following Is an Example of Satisficing Behavior

question 132

Multiple Choice

Which of the following is an example of satisficing behavior?

• A) You continue studying for your economics exam until you believe you'll get a perfect score.
• B) You spend time looking over the lettuce at the grocery store in order to make sure you get the best head of lettuce.
• C) You briefly clean your room because that's all it takes to get it "clean enough."
• D) You carefully plan your day in order to get "the most out of life."

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Definitions:

Indirect Tax

A tax collected by an intermediary from the person who bears the ultimate economic burden of the tax; examples include sales taxes and value-added taxes.

Social Security Tax

A tax levied on both employers and employees to fund the Social Security program, which provides benefits for retirees, disabled individuals, and survivors of deceased workers.

Personal Income Tax

A tax levied on individuals' earnings, including wages, salaries, and investment income, often progressive in nature.

Federal Expenditures

The spending by the federal government, including spending on defense, education, public welfare, and infrastructure projects.