11. In Kahneman and Tversky's article, why is the Steve unlikely to be a librarian? A. Steve secretly likes to party B. There are very few librarians in the country C. Most librarians in the country are female and D. Steve is male Steve is not quiet enough to be a librarian

12. Kahneman (still an active professor at Princeton) won the Nobel Prize in Economics in 2002 for the work he did with Tversky (who died in 1996 and you cannot receive the Nobel Prize post-humously). What is their profession? A. Psychologists B. Physicians C. Economists D. Neuroscientists

13. The following is an example of "default bias" A. The stock market changed a lot this year and I am afraid of all of that risk, but it would be really complicated to find my password, login to my account and research and select a new fund, so I just left it alone. B. I took my 401K, sold the stocks and bought Bitcoin. Let the adventure begin! C. I hate losing money so I opted out of the 401K and keep my money in a mattress. D. I am putting all of my 401K money into risk-free assets because the stock market is too crazy

14.Libertarian paternalism is defined as A. The idea that markets should be completely free of government activity and regulation B. Economists should be consulted before making major economic decisions C. Governments should have minimally invasive policies that nudge people into making better economic decisions. D.People make poor choices so markets should be limited

15. You are doing your shopping and see a bag of potatoes that was $6.50 at your local store, is $1.50 across town. Then you see that a car that costs $21,195 for $21,190. You want to buy both and you: A. Drive across for both because $5 is $5. B. Drive across for the car but not the potatoes because a car is a higher end purchase. C. Drive across for the potatoes only because the high cost potatoes are 400% more, while the high cost car is 0.02% more.