When Reading Information That Challenges One's Beliefs, One Tends to Minimize

question 149

Multiple Choice

When reading information that challenges one's beliefs, one tends to minimize the strengths of such claims. __________ accounts for this barrier to reasoning rationally.

• A) Belief perseverance
• B) The availability heuristic
• C) The unfairness bias
• D) The representativeness heuristic

---

Definitions:

Depreciation

The process of allocating the cost of a tangible asset over its useful life, reflecting the decrease in value over time.

Interest Rate

The amount charged by a lender to a borrower for the use of assets, expressed as a percentage of the principal.

Capital

Financial assets or the financial value of assets, such as cash and goods, used by a business to produce goods or services and create wealth.

Future Benefits

Expected advantages or gains in the future, often considered in decision-making processes or investment analysis.