A Framing of Choices by Which Governments and Companies Can,without

question 371

Multiple Choice

A framing of choices by which governments and companies can,without coercion or altered incentives,encourage people to make choices that support their health,retirement savings,and well-being is called

• A) belief perseverance.
• B) a nudge.
• C) overconfidence.
• D) intuition.

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Definitions:

Economic Models

Simplified representations of complex economic processes, used to predict economic outcomes or understand economic behavior.

Illegal Immigration

Refers to the movement of individuals into a country in violation of its immigration laws.

Refugees

Individuals who have been forced to flee their country due to persecution, war, or violence and cannot return home safely.

Employment-Based Immigrants

Individuals who are granted permission to live permanently in a country based on their job skills and employment opportunities.