Question

Since memories of recent events tend to be far more accessible, during a prolonged economic upswing investors often ________ plausible scenarios forecasting a recession.a) endorse b) discount c) predict d) discuss e) imagine

Answer 1

Answer:

(B). Discount

Explanation:

Usually people tend to recall memories of recent events better than those that have happened a long time ago.

As a result of this, if an economy has experienced an upswing for a long period of time, there is a tendency for investors to discount or disregard warning signs forecasting an incoming recession.