The Save More Tomorrow (SMarT) program found that:
A) people want to save more than they typically do.
B) participants quadrupled their savings in just a couple of years.
C) if the default choice is to save a portion of income,people will save more.
D) All of these statements are true.
Correct Answer:
Verified
Q8: Status-quo bias is:
A) a person's choice being
Q11: The SMarT program is designed to overcome
Q13: Choice architecture is:
A)the organization of the context
Q14: A choice architect is someone who:
A)is in
Q15: The most common form of "forced savings"
Q17: When considering choice architecture,a nudge:
A)allows participants to
Q17: A "bad choice" as defined in choice
Q19: The implementation of choice architecture that alters
Q20: Status-quo bias is:
A)a type of mental barrier
Q21: Choice architects know that whether something feels
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