Suppose Matt and Gabe Must Both Choose Between Two Jobs

question 92

Multiple Choice

Suppose Matt and Gabe must both choose between two jobs, a safe job that pays $250 per week and a risky job that pays $300 per week. The value of safety to each is $75 per week. Having more income than the other is worth $75 per week to each, and having less income than the other means a $75-per-week reduction in satisfaction. Having the same income as the other means no change in satisfaction. The payoff matrix below summarizes this situation. When Matt chooses the safe job, Gabe will get more satisfaction by choosing the ______ job, and when Matt chooses the risky job, Gabe will get more satisfaction by choosing the ______ job.

• A)risky; risky
• B)risky; safe
• C)safe; risky
• D)safe; safe

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Definitions:

Authoritarian Parents

Parents who adopt a strict disciplinary style with high demands and low responsiveness, often expecting obedience without question.

Permissive-Indulgent Parents

A parenting style characterized by high responsiveness and low demands, where parents are very involved with their children but set few rules and boundaries.

Involved Parents

Parents who actively participate in their child's life and development.

Coregulation

A gradual transferring of control from parent to child, beginning in middle childhood.