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What was the monetary amount given to participants for the gambling task in the study?

  1. $10

  2. $20

  3. $50

  4. $100

The correct answer is: $20

In the study, participants were given $20 for the gambling task. The monetary amount was designed to provide enough incentive to engage effectively with the task while also being manageable within the context of the experimental design. The decision to use this specific amount likely aimed to balance participant motivation and the realism of gambling scenarios without introducing levels of risk or reward that could adversely affect decision-making processes. Such monetary thresholds are typical in psychological studies involving gambling or risk-taking behaviors, impacting how participants interact with the task and their subsequent decision-making strategies.