The Smith's oldest daughter, Olivia, is a senior in high school. She has all "A's" and scored a 34 on the ACT. She is president of the debate team and the national honor society as well as a member of the cheerleading squad. Olivia wants to attend medical school, so both she and her parents are very concerned about which undergraduate school she attends. They have spent countless hours on the Internet examining universities, and they have already visited five campuses. For Olivia and her parents, which type of decision making does this represent?

Extended decision making

Explanation:

Extended decision making is a form of decision that involves an extensive search for relative information using various media in order to arrive at different options .These initial alternatives are thereafter analysed and evaluated in order to arrive at the best decision making,

It can be a costly exercise considering the time , cash and the amount of other resources involved , however it has its advantage in reducing the probability of making a wrong choice, even though it may not be perfect in itself.

answerjointly by the fed and by the behavior of individuals who hold money and of banks in which money is held;