Question

    When people take decisions based on the most currently presented items or experiences, it is called _____

    A Primacy effect Correct Answer Incorrect Answer
    B Recency effect Correct Answer Incorrect Answer
    C Repeating effect Correct Answer Incorrect Answer
    D Halo effect Correct Answer Incorrect Answer
    E Veblen effect Correct Answer Incorrect Answer

    Solution

    The recency effect is a cognitive bias in which those items, ideas, or arguments that came last i.e. more recently are remembered more clearly than those that came first.

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