Aggregation Means the

question 40

Multiple Choice

Aggregation means the

• A) adding up of individual economic variables to obtain economy-wide totals.
• B) participation in national economic policy discussions.
• C) worsening of an economic situation.
• D) enhancement of the power and wealth of a nation.
• E) practice of excluding non-economic costs from economic magnitudes.

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Definitions:

Derogation of Target Bias

A cognitive bias where an individual derogates a target to justify maltreatment or a negative attitude toward them.

Morality Bias

The tendency to make judgments or assumptions based on moral standards, which can lead to biased decision-making.

Social Discounting Bias

The tendency to devalue benefits or harms that happen to people who are socially or spatially distant from oneself.

Social Discounting Bias

The tendency to devalue benefits or resources when they are to be shared with larger numbers of people.