________ Is an Example of Overconfidence Where a Person Believes

question 24

Multiple Choice

________ is an example of overconfidence where a person believes "we must be doing things the right way because all has gone well in the past."

• A)Neglect of probability
• B)Confirmation bias
• C)Illusory correlation
• D)Egocentric bias

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Definitions:

National Debt

The total amount of money that a country’s government has borrowed by various means, including foreign governments and private investors.

King Louis XVI

The last King of France before the fall of the monarchy during the French Revolution, executed for treason against the state in 1793.

French Revolution

A period of radical social and political upheaval in France (1789-1799) that significantly affected European and world history, characterized by its attempts to fundamentally redefine the structure of society.