According to the Authors of Your Text,automatic Processes Are Based

question 31

Multiple Choice

According to the authors of your text,automatic processes are based on

• A)subconscious desires and impulses.
• B)biological responses and cognitive thought.
• C)one's sense of self and identity.
• D)past experiences and knowledge.

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Definitions:

Public Choice Theory

The economic analysis of government decision making, politics, and elections.

Government Failure

A situation where government intervention in the economy creates inefficiencies and leads to a misallocation of resources.

Unfunded Liability

Obligations or debts for which sufficient funds have not been set aside, particularly relevant in the context of pensions and benefits.

Medicare

A federal health insurance program in the United States for people who are 65 or older, certain younger people with disabilities, and people with End-Stage Renal Disease.