Bertram Has Had a Whirlwind of a First Semester of College,and

question 113

Multiple Choice

Bertram has had a whirlwind of a first semester of college,and now that finals are over,he is concerned about his weight gain during the past few months.He feels that he has never been athletic and,therefore,could not possibly begin training for long distance running,though he would like to become more physically active to address his weight gain.This reflects ____.

• A)the truth
• B)a misapplication of the availability heuristic
• C)a lack of possible solutions
• D)a limited sense of self-efficacy

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Definitions:

Government Borrowing

The process by which a government finances its expenditure by borrowing money, typically through issuing bonds.

Public Expenditures

Expenses made by the government for the development, maintenance of public services, and to support economic activities.

Crowd Out

A phenomenon where increased public sector spending reduces or eliminates private sector spending in the same market, often through higher interest rates or available financial resources.

Taxes

are compulsory financial charges or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.