When Jessica Sits Down to Do Her Homework and Study

question 75

Multiple Choice

 When Jessica sits down to do her homework and study, she is easily distracted by the television in another room. Jessica demonstrates a deficit in ____.

• A) attentional control
• B) sustained attention
• C) selective attention
• D) attentional capacity

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Definitions:

Risk Averse

A description of an individual or entity that prefers to avoid risk and would choose a certain outcome over a gamble with a potentially higher, but uncertain, return.

Portfolio

A group of investment vehicles comprising stocks, bonds, commodities, as well as cash and its equivalents, together with mutual funds and ETFs.

Adverse Selection

Adverse selection refers to a situation where sellers have information that buyers do not, or vice versa, about some aspect of product quality.

Utility Function

A mathematical representation of how consumers rank different bundles of goods according to their level of satisfaction or utility.