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Why Risks Can Go Wrong – IELTS Reading Answers
You should spend 20 minutes on questions 1-13, based on the given passage.
Why Risks Can Go Wrong
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The answers to questions 1-13 are given below along with their explanations.
| Question Number | Answer | Keywords | Locations of Keywords |
|---|---|---|---|
| 1 | vi | Kahneman shared, Nobel prize, for his work | Para B, lines 6-7 |
| 2 | xi | ‘anchor effect’ | Para D, line 2 |
| 3 | iii | In addition, mistakes may arise due to stubbornness | Para E, line 1 |
| 4 | viii | People, put, emphasis, things, seen, experienced themselves | Para F, first 2 lines |
| 5 | i | people spend, too much time, small decisions, not enough, big ones | Para G, first 2 lines |
| 6 | iv | crying over spilled milk, waste of time | Para H, line 1 |
| 7 | D | applying psychological insights, economics, business decisions, rather bizarre | Para B, lines 4-5 |
| 8 | B | same goes, hopes, ever-rising prices, homes | Para C, lines 4-5 |
| 9 | D | mistakes, arise, stubbornness | Para E, line 1 |
| 10 | A | large majority, Americans, Europeans invest, heavily, shares, home countries | Para F, lines 6-7 |
| 11 | managers and/or sportsmen | Such optimism, useful, managers, sportsmen | Para C, lines 5-6 |
| 12 | driving | fewer than half, respondents admit, below-average skills, driving | Para C, line 9 |
| 13 | pharmaceutical (companies) | Pharmaceutical companies, accustomed, failures, big successes | Para I, lines 2-3 |
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