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Exhibit 17.4
-Refer to Exhibit 17.4,which shows the market for pollution rights in an economy.The optimal level of air quality is ______
Catastrophizes
Catastrophizes refers to the tendency to overestimate the potential negative outcomes of a situation or event.
Irrational Process
Mental activities beyond logical reasoning, often influenced by emotions or subconscious thoughts.
Activating Event
In cognitive-behavioral therapy, an external situation or internal mental event that triggers a chain of thoughts, emotions, and behaviors.
Cognitive Dissonance
The state of having inconsistent thoughts, beliefs, or attitudes, especially as relating to behavioral decisions and attitude change.
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