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NGPF Money Matters Unit 2 Vocabulary - Part 1

Total questions: 13

Worksheet time: 34mins

Name
Class
Date
1.

What is the term for the tendency to attribute greater accuracy to the opinion of an authority figure (unrelated to its content) and be more influenced by that opinion?

a)

Authority Bias

b)

Confirmation Bias

c)

Anchoring Bias

d)

Availability Heuristic

2.

What is the term for a dark pattern that makes you think you are taking a specific action, but a different, undesirable action takes place instead?

a)

Bait and Switch

b)

Confirmshaming

c)

Roach Motel

d)

Forced Continuity

3.

What is the term for a software application that adds capacity or functionality to your web browser?

a)

Browser Extension

b)

Web Server

c)

Firewall

d)

Operating System

4.

What is the term for a global network of community-based groups that encourages giving (or recycling) consumer goods and services instead of buying them?

a)

Buy Nothing Project

b)

Freecycle Network

c)

Sharing Economy Initiative

d)

Swap Meet Collective

5.

What is the term for the process of comparing various factors for a product or service before making a purchasing decision?

a)

Comparison Shopping

b)

Impulse Buying

c)

Brand Loyalty

d)

Product Placement

6.

What is the term for the tendency to keep prior commitments and staying consistent with our prior selves when possible?

a)

Commitment and Consistency Bias

b)

Anchoring Effect

c)

Availability Heuristic

d)

Confirmation Bias

7.

What is the term for a dark pattern where the option to decline an offer is worded to shame the user into compliance?

a)

Confirmshaming

b)

Bait and Switch

c)

Forced Continuity

d)

Roach Motel

8.

What is the term for a person who purchases goods and services for personal use?

a)

Consumer

b)

Producer

c)

Retailer

d)

Supplier

9.

What is the term for website design features intended to trick users into doing things they might not want to do, but which benefit the business in question?

a)

Dark Patterns

b)

User Experience Flows

c)

Responsive Design

d)

Accessibility Features

10.

What is the term for an event during which the security system for a company fails and personal information is vulnerable to hackers?

a)

Data Breach

b)

Firewall Update

c)

System Backup

d)

Password Reset

11.

Fill in the blank: A ________ is a dark pattern where checkboxes for product, service, or shipping upgrades are ticked off by default, causing the user to pay higher-than-advertised prices.

a)

Default Upgrade

b)

Forced Consent

c)

Hidden Fees

d)

Bait and Switch

12.
Advertisers know that a thirty-three percent discount sounds like a better deal than a discount of one third.  This best illustrates:
a)
framing.
b)
belief bias.
c)
representativeness heuristics.
d)
confirmation bias.
13.
"Monday Morning Quarterback" rarely act surprised about the outcome of the weekend football games.  This tendency to believe they knew how the game would turn out is best explained by which psychological principle?
a)
Overconfidence
b)
Hindsight Bias
c)
Intuition
d)
Illusory Correlation