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One Way to Reduce Cognitive Dissonance Is to Engage in Self-Affirmation.In

question 22

Essay

One way to reduce cognitive dissonance is to engage in self-affirmation.In what case of cognitive dissonance might we be more likely to use this indirect method for dissonance reduction? If you did something that induced some dissonance,and you used self-affirmation to reduce your dissonance,how would you personally go about it?

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Definitions:

Annuity

A monetary product designed to deliver regular payouts, mainly aimed at funding retirees' income needs.

Compounded Monthly

A compound interest calculation method where interest is added to the principal balance each month.

RRSP

Registered Retirement Savings Plan, a Canadian financial vehicle for individuals to save for retirement on a tax-sheltered basis.

Nominal Rate

The advertised or stated interest rate on a loan or investment, not accounting for any fees or compounding of interest.

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