In a New Version of the Wason Four-Card Task,participants Are

question 1

Multiple Choice

In a new version of the Wason four-card task,participants are given the rule: "If you read the textbook,then you will get an A on the exam." Each card has a YES or NO on one side,indicating whether or not the student has read the textbook,and an exam grade on the other side.Compared with the original version of the task with just numbers and letters,participants should make

• A)more accurate decisions about which cards to flip over in the new version,likely because the new content makes the problem more concrete and relatable to everyday life.
• B)less accurate decisions about which cards to flip over in the new version,likely because the new content will make participants more likely to seek out disconfirming evidence.
• C)less accurate decisions about which cards to flip over in the new version,likely because reasoning about exams will make people nervous and unable to focus on the problem.
• D)similar decisions about which cards to flip over in the new version,likely because people are equally poor at reasoning about conditional statements regardless of the content.

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Definitions:

Hyperinflation

An extremely high and typically accelerating rate of inflation, leading to the rapid erosion of the real value of local currency.

Alternatives

Other options or choices available to individuals or organizations when making decisions.

Fiat Money

Currency that a government has declared to be legal tender, but it is not backed by a physical commodity.

Intrinsic Value

The true, inherent, and perceived value of an asset, not necessarily reflected in its current market price.