Economics Professors Are Well Aware of the Importance of Incentives

question 71

Multiple Choice

Economics professors are well aware of the importance of incentives.Which of the following situations shows the use of a positive incentive?

• A) Students who show up late to class will not be allowed in the classroom.
• B) Students who do not have a doctor's note will not be allowed to take an exam at a different time.
• C) Students can choose whether they want to attend class-there is no attendance policy.
• D) Students can choose to do extra credit at the end of the semester.
• E) The professor decides to teach the class by reading out of the textbook to the entire class.

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Definitions:

Discriminating

Showing prejudice or bias, particularly in treating or considering people differently based on race, gender, or other personal characteristics.

Fixed Mindset

The belief that one's abilities, intelligence, and talents are fixed traits and that talent alone leads to success, without effort.

Carol Dweck

A psychologist known for her work on the mindset psychological trait, particularly fixed versus growth mindsets.

Self-Esteem

Self-esteem refers to an individual's sense of their own worth or value, impacting their confidence and well-being.