Against his financial advisor’s advice, frank has decided to invest his money in some risky stocks because he once made quite a bit of money in the stock market. his decision illustrates
a.
the representativeness heuristic
b.
overconfidence
c.
the availability heuristic
d.
confirmation bias

I believe the answer is: representativeness heuristic

representativeness heuristic refers to the act of making judgement about a certain probability under uncertain situation. Representativeness heuristic often being done when investors want to accumulate wealth in the fastest way possible, even though the risk of losing all their wealth become larger.

question: write a report analyzing through articles of confederation.

answer: the articles of confederation the united states constitution was written when the people feared strong government the new nation needed some kind of organization to hold states together to them fend off future attacks and make a stronger support system through the states and people the states bonded through a friendship that best served as a defense against a invasion and states were not allowed to use taxes as a way to discourage treaties, and states were extremely limited in their dealings with foreign nations the strengths were that the congress has the highest power in the nation because of   fear of monarchy congress had the sole power to declare war and assign treaties disputes between states and territorial issues were to be brought to congress and weaknesses were the lack of power given to congress the articles gave congress the power to pass laws but no power to enforce those laws if a state did not support a federal law that state could simply ignore it congress had no power to levy taxes or regulate trade.

explanation: so like every argument they have strengths and weaknesses but in this case there were more weaknesses but they managed o get through it and make an agreement

question answered by

(jacemorris04)