Spillover effects can be either positive or negative in nature

Sally's employer's insurance company does not offer eye insurance. She has always had 20/20 vision and as a healthy 24 year old assumes her eyes will not change drastically

Should she purchase a vision policy since her employer does not offer such a plan? A) Yes B) No

Loss aversion means the unhappiness a person feels when he or she suffers a monetary loss exceeds the happiness the same person experiences from receiving a monetary gain of the same amount

Indicate whether the statement is true or false