Answer of Section 4, Question 4

Behavioral economists have come to believe that a (i)______ of choices can be paralyzing, as Schwartz pointed out in the recent book The Paradox of Choice. Studies of retirement plans show that the more investment choices a plan offers, the less likely people are to participate in it. It may follow, then, that a lack of flexibility in certain plans may actually be a (ii)______. People reasonably (iii)______ some advantage in exchange for peace of mind.

Blank (i) Blank (ii) Blank (iii)
(A) surfeit (D) virtue (G) foresee
(B) reduction (E) conundrum (H) forestall
(C) stabilization (F) revelation (I) forgo

官方解說:

The correct answer for Blank (i) can't be definitively determined without considering the second sentence, which points to studies showing that the more choices a retirement plan offers, the less likely it is for people to participate in the plan. From this we can conclude that "surfeit" is the correct answer for Blank (i): a "surfeit" (excess) of choices would likely be paralyzing.

Looking to the third sentence, the word "actually" hints at something contrary to expectations: if "a surfeit of choices can be paralyzing," then "a lack of flexibility" may "actually" be a positive thing. Of the answer choices for Blank (ii), only "virtue" fits that description.

Looking to the last sentence, "forgo" makes the most sense in Blank (iii), since people who participate in plans that lack flexibility certainly forgo some advantage.

Thus the correct answer is surfeit, virtue, and forgo.

難易度:3

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