영어 모의고사 (자동 편성)

A striking proportion of individual investors believe their own stock-picking ability to be above average, a statistical ①impossibility given that only half of any population can genuinely outperform the rest, yet a pattern that persists with remarkable consistency across surveys. This tendency, known as overconfidence bias, leads investors to trade more ②frequently than a more cautious assessment of their own skill would justify. Extensive research comparing the trading records of numerous individual accounts has ③demonstrated that investors who trade most frequently tend to earn substantially ④higher returns than those who trade rarely, largely because transaction costs accumulate and because frequent trading often reflects overconfident reactions to short-term noise rather than genuine insight. Overconfidence also manifests in the tendency to underestimate the range of possible outcomes, causing investors to concentrate their holdings in a small number of assets they feel certain about rather than diversifying across a broader portfolio. Paradoxically, then, the very confidence that motivates investors to act decisively often ⑤undermines the outcomes they are trying to achieve.

For decades, most vaccines worked by injecting a ①weakened or inactivated version of a pathogen, coaxing the immune system into recognizing an enemy it had never truly fought. mRNA vaccines take a fundamentally ②different route, delivering only a short genetic instruction wrapped in a protective lipid capsule, one that tells the body's own cells how to manufacture a single harmless piece of a virus's outer surface protein. Once those cells display the fragment, the immune system learns to recognize it as ③foreign and builds a defense, without ever having encountered the actual pathogen. Because the vaccine contains no live virus and cannot alter a cell's own DNA, developers can ④redesign the genetic instructions within weeks whenever a pathogen mutates, rather than starting the years-long process required for traditional vaccines. This speed has convinced many researchers that the same platform could eventually be adapted to fight diseases far beyond infectious illness, ⑤excluding certain cancers.

Conventional economic wisdom holds that more options are always preferable to fewer, since a larger set of alternatives ①increases the likelihood that any individual will find one that precisely matches their preferences. When shoppers are presented with an extensive array of choices, they frequently experience heightened anxiety about making the wrong selection and, paradoxically, become ②less likely to make any purchase or decision at all. Furthermore, individuals who do eventually choose from an overwhelming array often report ③higher satisfaction with their selection than those who chose from a modest handful of options, since the sheer number of unexplored alternatives ④fosters lingering doubt about whether a better choice was overlooked. Businesses that recognize this dynamic have begun deliberately ⑤curating smaller, carefully selected assortments, betting that a narrower range of options can sometimes generate more sales and greater customer satisfaction than abundance.

For much of the twentieth century, memory researchers assumed that once a memory had been consolidated—transformed from a fragile, short-term trace into a stable, long-term representation—it remained essentially fixed, immune to further modification unless the underlying neural circuitry was physically damaged. This assumption, however, was overturned by a body of research demonstrating that _______________, rendering it temporarily susceptible to alteration before it is, in a sense, filed away again. During this narrow window, which typically lasts only a few hours, the memory can be strengthened, weakened, or even subtly distorted by new information encountered in the interim, after which it must undergo a second round of stabilization, a process now widely referred to as reconsolidation. Consequently, what we experience as a stable recollection may actually be a continuously revised construction, reshaped every time it is summoned into conscious awareness and returned to storage.

Imagine a teleportation device that scans every atom in your body, transmits that information to a distant station, and reconstructs an exact physical duplicate there, while destroying the original body in the process. (A) Philosophers, however, are troubled by a version of the same device that malfunctions: instead of destroying the original, it leaves the original body intact while still creating a perfect duplicate elsewhere. (B) Now two people exist, each with identical memories and an equally strong claim to being the original traveler, and there is no principled way to decide which one is the real continuation of the person who entered the machine. (C) From the traveler's point of view, stepping into the machine and stepping out on the other side would feel utterly seamless, complete with continuous memories and a sense of having simply walked through a door.

A liver no longer has to sit inside a human body to be studied closely. (A) Unlike flat cultures grown on a plastic dish, which lose many of the cues that guide normal development, organoids let cells interact in three dimensions much as they would inside the body, yielding tissue that behaves in strikingly realistic ways. (B) This fidelity has made organoids invaluable for testing how a drug affects human tissue before any patient is exposed, and some laboratories have even grown organoids from a single patient's own cells, raising the possibility of trialing a treatment on a miniature copy of that patient's organ. (C) By coaxing stem cells to organize themselves within a nutrient-rich gel, scientists can now grow miniature three-dimensional structures called organoids, which reproduce much of the architecture and function of a real organ.

Hyperbolic discounting has direct implications for how retirement savings programs ought to be designed. (A) If employees are asked at the moment of hiring whether they wish to increase their contribution rate at a specific point in the future, many agree readily, since the sacrifice feels distant and therefore painless. (B) When that future date eventually arrives, however, the automatic increase proceeds smoothly precisely because the decision was locked in before the immediate discomfort of a smaller paycheck became salient. (C) This design, sometimes described as committing one's future self in advance, effectively exploits the very inconsistency that hyperbolic discounting predicts, turning a psychological weakness into a practical advantage.

This finding is particularly striking given that the two groups of employees faced no difference whatsoever in the financial terms of the plan itself. Employers have long experimented with how retirement savings plans are presented to new hires. ( ① ) In one common arrangement, employees receive a form and must actively check a box to begin contributing a portion of their salary to a savings account. ( ② ) Under this opt-in arrangement, a substantial share of eligible employees never get around to enrolling, often citing simple procrastination rather than genuine disinterest in saving. ( ③ ) When employers instead enroll employees automatically and require them to check a box only if they wish to withdraw, participation rates climb to well over ninety percent. ( ④ ) Only the framing of the choice, not its economic substance, appears to determine whether employees end up saving for retirement. ( ⑤ ) This gap between the two arrangements reveals just how powerfully a default setting can shape decisions that people generally regard as carefully considered.

This evidentiary standard, ironically, has made behavioral interventions more rigorously tested than many of the traditional programs they were designed to complement. Government adoption of behavioral insights has generally been governed by a strict evidentiary standard: officials demand proof that a proposed intervention works before authorizing its use. ( ① ) This demand led to the routine use of randomized controlled trials, in which a proposed change is tested on a small population before being rolled out more broadly. ( ② ) Such trials allow policymakers to determine with reasonable confidence whether an intervention produces the intended effect before committing significant public resources to it. ( ③ ) Many long-standing government programs, by contrast, were implemented decades ago without ever being subjected to comparably rigorous evaluation. ( ④ ) Behavioral units within government have, as a result, gradually earned a reputation for evidence-based rigor that extends well beyond their original, narrow mandate. ( ⑤ ) That reputation has, in turn, given behavioral approaches an outsized voice in policy discussions relative to their still-modest budgets.

주어진 문장: This shows that expertise alone does not guarantee immunity from such intuitive shortcuts. Suppose you meet a quiet, gentle man who speaks softly, tends a small garden, and organizes his bookshelf with meticulous care. ( ① ) Asked whether he is more likely a florist or a truck driver, most people instinctively choose florist, since his personality matches the stereotype so neatly. ( ② ) This judgment, however, ignores a crucial fact: truck drivers vastly outnumber florists in almost every country, which means that, statistically, he is far more likely to belong to the larger group regardless of how well he fits the flower-shop image. ( ③ ) Relying on resemblance to a familiar category rather than on underlying numerical proportions, known among researchers as representativeness, leads people to overlook these base rates almost automatically. ( ④ ) Even trained professionals, who should know better, often fall into the same trap when a vivid description feels more convincing than plain statistics. ( ⑤ ) Consequently, teaching people to pause and ask how common something actually is, instead of merely how typical it appears, can meaningfully improve the accuracy of everyday predictions and reduce costly errors in judgment.