The Tendency to Give Too Much Emphasis to Personal Factors

question 122

Multiple Choice

The tendency to give too much emphasis to personal factors when accounting for other people's actions is called ________.

• A) the Peter principle
• B) the fundamental attribution error
• C) the primacy effect
• D) defensive attribution

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Definitions:

Stock's Expected Return

The anticipated return on a stock, combining both the dividend payments and capital gains, based on historical data and future projections.

State Of Economy

The overall condition of a country's economic system, considering factors like growth rates, employment levels, inflation, and economic policies.

Aggregate Demand Curve

A curve that shows the relationship between the overall price level and total demand for goods and services in an economy.

Aggregate Supply Curve

A graphical representation showing the total supply of goods and services that companies in an economy are willing and able to produce at different price levels, over a specific time period.