Katarina Has the Conviction That She Can Do What She

question 172

Multiple Choice

Katarina has the conviction that she can do what she sets out to do, whether it is mastering a new skill or reaching her goal of becoming a U.S. citizen. Psychologists call this feeling of competence:

• A) a performance goal.
• B) drive.
• C) self-efficacy.
• D) the need for achievement.

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Definitions:

Collateralized Debt Obligations

A type of structured asset-backed security (ABS) with multiple layers of debt obligations typically secured by a pool of loans or other assets.

Promissory Note

A financial instrument comprising a written promise by one party to pay another party a definite sum of money either on demand or at a specified future date.

Financial Asset

An intangible asset representing a claim on future benefits or returns, examples include stocks, bonds, and bank deposits.

Real Asset

Physical or tangible assets that have value due to their substance and properties.