Compare a $50 gain and a $50 loss. Which of these is more psychologically powerful, according to prospect theory?

a) They have equal value.
b) A $50 gain is more psychologically powerful.
c) It depends on the particular situation.
d) A $50 loss is more psychologically powerful.

Answer: d

Psychology

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a. true b. false

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The process of bringing new objects or information into a scheme that already exists is called

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