The Host of a Radio Program Makes a "Red Flag

question 47

Multiple Choice

The host of a radio program makes a "red flag" claim about a nutrition-related product,because the claim is generally an indication that the information about the product is unreliable.The radio program host said,

• A)"The ingredients in this product are listed on the label."
• B)"According to the FDA,this product is classified a dietary supplement,because it contains vitamins."
• C)"All ingredients in this product have been scientifically tested and clinically proven."
• D)"This product contains sugar and certain artificial color and flavor additives."

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Definitions:

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale.

Equity Groups

Collectives of investors focusing on buying equity stakes in companies either for strategic control or investment purposes.

Financial Disaster

A catastrophic situation where financial losses are so extreme that they disrupt the normal operations of an economy or organization.

Propensity to Overestimate

A cognitive bias where individuals tend to overvalue the probability of positive outcomes or success.