Often, Cases of Dissociative Identity Disorder (Multiple Personality Disorder) Receive

question 25

Multiple Choice

Often, cases of dissociative identity disorder (multiple personality disorder) receive wide press coverage, leading people to believe this disorder is a relatively common psychological problem when, in fact, it is quite rare. Which of the following concepts is illustrated by this example?

• A)availability heuristic
• B)hindsight bias
• C)representativeness heuristic
• D)conjunction fallacy

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Definitions:

Economic Models

Simplified representations of complex economic processes, used to predict future economic events or understand economic dynamics through mathematical or computational simulations.

Mortgage-Backed Security

A type of asset-backed security that is secured by a mortgage or collection of mortgages.

Home Loans

Loans offered by financial institutions to individuals for the purchase of homes, typically secured by the property itself.

Economic Model

A simplified representation of economic processes, used to analyze and predict economic behaviors.