Barbara Was Really Shocked When Her Candidate Was Not Elected

question 92

Multiple Choice

Barbara was really shocked when her candidate was not elected.She had assumed that everyone felt as she did and supported her candidate's ideas.This is an example of:

• A)the false consensus effect.
• B)the self-serving bias.
• C)unrealistic optimism.
• D)defensive pessimism.

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Definitions:

Marginal Tax Rate

The percentage of tax applied to your income for each additional dollar of income, essentially the tax rate on the last dollar earned.

Total Tax Rate

The combined rate of all the taxes that an individual or business is liable to pay, expressed as a percentage of income.

Average Tax Rate

The ratio of total taxes paid to total income, indicating the share of income that goes to taxes.

After-Tax Distribution

The amount of money shareholders receive from a corporation's earnings after all applicable taxes have been deducted.