Status-Quo Bias Is

question 60

Multiple Choice

Status-quo bias is:

• A)a type of mental barrier to saving.
• B)a reluctance to make active decisions to change something,even if it is fairly easy to do so.
• C)overcome in the SMarT program because saving is the default option.
• D)All of these statements are true.

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Definitions:

Supreme Court

The highest judicial court in a country or state, in the United States, it is the ultimate arbiter of the constitutionality of laws.

Disenfranchise Blacks

Refers to the systematic denial of voting rights to Black people through various discriminatory practices.

Voting Rights

The entitlements and protections that ensure an individual's ability to participate in the electoral process, including the right to vote without undue barriers and to have one's vote counted.

Mid-Twentieth Century

A period in the 20th century, roughly encompassing the years from the 1940s to the 1960s, characterized by significant political, social, and technological changes.