The CARD Act,which tells credit card holders how long it will take to pay off their debt if they only make minimum payments,and how much they need to pay in order to pay off the debt in three years,is an example of:
A) disclosing information in more usable ways.
B) choice architecture that nudges people toward better decisions.
C) how the presentation of information can affect people's choices.
D) All of these statements are true.

Question

Quizplus · Accepted Answer

The CARD Act is an example of all three options: disclosing information in more usable ways, choice architecture that nudges people toward better decisions, and how the presentation of information can affect people's choices. Therefore, the best choice is D, all of these statements are true.

The CARD Act,which Tells Credit Card Holders How Long It