Presumably, People Would Choose to Use _____ When Making Judgments

question 21

Multiple Choice

Presumably, people would choose to use _____ when making judgments that are not particularly important and _____ for more crucial decisions, but evidence suggests this is not the case.

• A) System 1; System 2
• B) System 2; System 1
• C) heuristics; System 1
• D) heuristics; System 2

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Definitions:

S And D

Stands for Supply and Demand, which are the forces that determine the price of goods and services in a marketplace.

CD-Rom Drives

Hardware devices used for reading data stored on CD-ROMs, typically used for distributing software and storing media in the past.

Tariffs

Taxes on imports or exports between sovereign states, used to control trade, raise government revenue, or protect domestic industries.

United States

A country located in North America, consisting of 50 states and a federal district, known for its large economy and diverse population.