The Public Might Think the Economic Situation Is NOT as Bad

question 200

Multiple Choice

The public might think the economic situation is NOT as bad as it really is if the government reported employment at 82 percent,rather than saying that the unemployment rate is 18 percent.Which of the following factors is influencing the public's judgment in this situation?

• A) a confirmation bias
• B) framing effects
• C) mental set
• D) the availability heuristic

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Definitions:

Cultural Value

Deeply rooted beliefs shared by a community that influence behavior and shape perceptions, contributing to the identity of a social group.

Individualism

A cultural or social perspective that emphasizes the moral worth of the individual and the importance of personal independence and self-expression.

United States

A country located in North America, known for its diverse culture and strong economic and political influence globally.

Short-Term Orientation

A cultural viewpoint that emphasizes immediate outcomes and gratification, rather than long-term goals.