Behavioral Economics Unit Test
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Which of the following scenarios BEST demonstrates FOMO (Fear of Missing Out)?
José wants to go see a movie that all of his friends saw
After learning about hedonic adaptation, Tamara wants to spend her money more wisely. Which of the following might help her do so?
Donating money to a charity that supports a cause she cares
Which of the following best describes what a cognitive bias is?
An error in the way we think that can influence our decision
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