Suppose Bobby Just Watched a Documentary About the Massive Decline

question 2

Multiple Choice

Suppose Bobby just watched a documentary about the massive decline in house prices during the Great Recession. According to the availability heuristic, this is likely to make Bobby:

• A)believe that he is wealthier than other people.
• B)think the movie is biased towards the status quo.
• C)believe that house prices will be more stable in the future.
• D)worry that the price of his own house might fall.

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Definitions:

NYA

The National Youth Administration, a New Deal agency in the United States that provided work and education for young Americans during the Great Depression.

Unionization Drive

Efforts aimed at organizing workers into unions to advocate for better wages, working conditions, and rights.

Jim Crow

Refers to a set of laws that were established in the American South to enforce racial segregation and discrimination against African Americans after the Civil War and into the 20th century.

Herbert Hoover

The 31st President of the United States, serving from 1929 to 1933, known for his leadership during the early years of the Great Depression.