An Example of ________ Is That a Person May Reject

question 51

Multiple Choice

An example of ________ is that a person may reject an investment when it is posed in terms of risk surrounding potential gains, but may accept the same investment if it is posed in terms of risk surrounding potential losses.

• A) framing
• B) regret avoidance
• C) overconfidence
• D) conservatism

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Definitions:

Continental Drift

The gradual movement of continents across the earth's surface over geological time, driven by plate tectonics.

Biological Species

A group of organisms capable of interbreeding and producing fertile offspring, sharing common characteristics.

South Pacific

A broad expanse of the Pacific Ocean, south of the equator, known for its many islands and diverse marine life.

Phyletic Gradualism

The idea that evolution occurs by a slow, steady accumulation of genetic changes over time; also called gradualism. Compare with punctuated equilibrium.