Thomas just started a new job. During the onboarding process, he had to decide how much of his paycheck to deposit into a retirement account each month. Thomas knows that he needs to save for retirement, but right now he's more interested in spending his money on activities, like dinners out and weekend trips with his friends. In other words, Thomas currently values having the extra money in his pocket now more than he values having money for retirement forty years from now. Thomas's choice aligns with the concept of _________.  A. nonassociative learning  B. equipotentiality  C. temporal discounting  D. law of effect

Ciccarelli: Psychology_5 (5th Edition)
5th Edition
ISBN:9780134477961
Author:Saundra K. Ciccarelli, J. Noland White
Publisher:Saundra K. Ciccarelli, J. Noland White
Chapter1: The Science Of Psychology
Section: Chapter Questions
Problem 1TY
icon
Related questions
Question

Thomas just started a new job. During the onboarding process, he had to decide how much of his paycheck to deposit into a retirement account each month. Thomas knows that he needs to save for retirement, but right now he's more interested in spending his money on activities, like dinners out and weekend trips with his friends. In other words, Thomas currently values having the extra money in his pocket now more than he values having money for retirement forty years from now. Thomas's choice aligns with the concept of _________. 

A. nonassociative learning 

B. equipotentiality 

C. temporal discounting 

D. law of effect

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 5 steps

Blurred answer
Recommended textbooks for you
Ciccarelli: Psychology_5 (5th Edition)
Ciccarelli: Psychology_5 (5th Edition)
Psychology
ISBN:
9780134477961
Author:
Saundra K. Ciccarelli, J. Noland White
Publisher:
PEARSON
Cognitive Psychology
Cognitive Psychology
Psychology
ISBN:
9781337408271
Author:
Goldstein, E. Bruce.
Publisher:
Cengage Learning,
Introduction to Psychology: Gateways to Mind and …
Introduction to Psychology: Gateways to Mind and …
Psychology
ISBN:
9781337565691
Author:
Dennis Coon, John O. Mitterer, Tanya S. Martini
Publisher:
Cengage Learning
Psychology in Your Life (Second Edition)
Psychology in Your Life (Second Edition)
Psychology
ISBN:
9780393265156
Author:
Sarah Grison, Michael Gazzaniga
Publisher:
W. W. Norton & Company
Cognitive Psychology: Connecting Mind, Research a…
Cognitive Psychology: Connecting Mind, Research a…
Psychology
ISBN:
9781285763880
Author:
E. Bruce Goldstein
Publisher:
Cengage Learning
Theories of Personality (MindTap Course List)
Theories of Personality (MindTap Course List)
Psychology
ISBN:
9781305652958
Author:
Duane P. Schultz, Sydney Ellen Schultz
Publisher:
Cengage Learning