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Schemes Refer to

question 36

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Schemes refer to


Definitions:

Fast And Frugal Heuristics

Decision-making strategies that rely on simple rules or shortcuts to make judgments quickly and efficiently, often with minimal information.

Careful Reasoning

A meticulous process of evaluating information and arguments to reach a reasoned conclusion.

Quick Decisions

The process of making choices or judgments rapidly without taking much time to evaluate options and possible outcomes.

Accurate Decisions

The process of making choices that are both correct and based on reliable information.

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