When Jason Gets an "A" on a Math Test, He

question 164

Multiple Choice

When Jason gets an "A" on a math test, he claims it is because he is smart. However, when he fails a social studies test for which he didn't study, he claims the test was too hard. His behavior is an example of the ________.

• A) actor-observer effect
• B) self-serving bias
• C) primacy effect
• D) fundamental attribution error

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Definitions:

Level Of Investment

The amount of spending by firms on productive physical assets like machinery, buildings, and technology, at a given time.

Stock Prices

The current price at which a share of a company is traded on the stock market, influenced by various factors including company performance, market conditions, and investor sentiment.

Inventory Investment

Changes in the stocks of finished goods and raw materials that firms keep in reserve to meet orders.

Positive

In economics and finance, "positive" often refers to positive movements in markets or indicators, or affirmations of beneficial aspects of economic policies or conditions.