Asked by Kathleen Julito on May 05, 2024
Verified
For economists,"myopia" refers to:
A) visual nearsightedness.
B) people's difficulty in conceptualizing the future.
C) people's tendency to put too much emphasis on the future and ignore important present concerns.
D) people's tendency to focus on microeconomic concerns because of an inability to conceptualize macroeconomics.
Myopia
A condition in which close objects appear clearly, but far ones don't.
Conceptualizing
The process of forming concepts or ideas to understand or explain various phenomena.
Visual Nearsightedness
A common eye condition characterized by difficulty seeing distant objects clearly while close objects appear normal, also known as myopia.
- Comprehend the significance of personal discipline, shortsightedness, and initial pledges in the administration of personal finances and behavioral tendencies.
Verified Answer
Learning Objectives
- Comprehend the significance of personal discipline, shortsightedness, and initial pledges in the administration of personal finances and behavioral tendencies.
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