Rosie Got a Bad Grade on a Test

question 13

Multiple Choice

Rosie got a bad grade on a test.Instead of admitting that she didn't study as much as she should have,she tells her parents that it is because the teacher didn't prepare her well enough and that she was having a bad day.This is due to:

• A)the correspondence bias.
• B)the self-fulfilling prophecy.
• C)situational attribution.
• D)dispositional attribution.

Comprehend the role of marginal utility in income redistribution and its effect on total utility.

Analyze the ethical implications of providing basic necessities to all members of a society.

Understand the mechanisms of progressive and proportional income tax systems.

Appreciate the importance of maximizing the well-being of the worst-off in a society as a measure of justice.

---

Definitions:

Holding-Period Return

The total return received from holding an asset or portfolio of assets over a specified period, accounting for both income and capital gains.

Nominal Rate

The stated interest rate of a financial product, not accounting for inflation or compounding effects.

Compounded Quarterly

Refers to the method of applying interest to an existing principal amount and any accrued interest every quarter or three months.

Effective Yield

A measure of the return on an investment, taking into account the effect of compounding interest.