Examlex
For each question, indicate which heuristic it describes:
-John is over seven feet tall.When asked whether John is a professional basketball player or a software programmer,many people predict the former,even though there are many more software programmers,even very tall ones,than professional basketball players.
Interest Rates
The percentage at which interest is paid by borrowers for the use of money that they borrow from lenders.
Public Policy
The principles, often unwritten, on which social laws are based, or the set of policies (laws, plans, actions, behaviors) that governments adopt or enforce to address public issues.
Sanction
Sanction is an action taken by a country or international body to enforce compliance with laws or regulations, often involving trade restrictions or the imposition of penalties.
New Deal
A series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States during the 1930s.
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