Question

Sam and claire are in their 80s. they consistently vote against any member of congress who may cut their medicare benefits. at the same time, they do not want medicare benefits extended to members of younger generations because they fear that doing so will bankrupt the nation. the reason they think this way is most likely due to their:

Answer 1

The reason that Sam and Claire think this way is MOST likely due to risk aversion. They want to avert the risk of having their Medicare benefits terminated by voting against a member of Congress who they think may have the slightest thought of removing Medicare benefits to old people and by being against the extension of Medicare benefits to young people.