The success of the SMarT program, which offers employees the option to commit a fraction of future pay raises to a tax-free retirement savings account, has proven that changing the way options are presented can:
A)affect people's behavior.
B)help people overcome mental biases.
C)allow people to avoid regret.
D)All of these statements are true.

Question

Quizplus · Accepted Answer

The SMarT program's success demonstrates that altering how choices are presented can influence people's behavior, assist them in overcoming mental biases, and help them avoid regret by making more prudent financial decisions for the future.

The Success of the SMarT Program, Which Offers Employees the Option