The gambler's fallacy is
A) true in many games, such as flipping coins.
B) a result of overconfidence.
C) the false belief that past events affect current dependent outcomes.
D) the false belief that past events affect current independent outcomes.
D
Economics
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A retirement system in which the benefits government pays to retirees are paid out of the contributions those retirees make during their working years is called a
A) pay-as-you-go system. B) fully funded system. C) pension plan. D) deferred retirement system.
Economics
Which of the following is an example of a progressive tax?
a. The excise tax on cigarettes. b. The federal tax on gasoline. c. The federal personal income tax. d. All of these.
Economics