Sofia Is a Successful Engineer in Chile

question 19

Multiple Choice

Sofia is a successful engineer in Chile.She wants to immigrate to Canada.Which category should she apply under?

• A)family class
• B)refugee class
• C)skilled worker class
• D)economic class

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Definitions:

Regret Aversion

A theory in behavioral economics that describes the emotional reaction people experience after realizing they have made an error in judgment, leading them to avoid making decisions.

Money Illusion

Money illusion is a cognitive bias where people misjudge the value of money in terms of its purchasing power, typically neglecting the effects of inflation or deflation.

Representativeness Heuristic

A cognitive bias in decision-making where the likelihood of an event is estimated based on how similar it is to the typical case.

Narrow Framing

Making decisions without considering all implications or by overly focusing on a narrow set of factors.