Nigel Often Cites Newspaper Editorials Favoring the Presidential Candidate He

question 139

Multiple Choice

Nigel often cites newspaper editorials favoring the presidential candidate he supports and ignores editorials critical of the candidate. Nigel appears prone to:

• A)the representativeness heuristic.
• B)functional fixedness.
• C)the confirmation bias.
• D)the availability heuristic.

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Definitions:

Benefits Principle

A taxation theory that suggests taxes should be levied according to the benefits received by the taxpayer from government services.

Ability-To-Pay Principle

This principle suggests that individuals should be taxed based on their ability to pay, regardless of the benefits they receive.

Equity Principle

A concept in finance that emphasizes fair distribution of wealth and assets, ensuring that financial transactions are conducted fairly and equitably.

Taxes

Mandatory financial charges or levies imposed by a government on individuals or businesses to fund public expenditure.