In Which of the Following Situations Would Cognitive Dissonance Theorists

question 85

Multiple Choice

In which of the following situations would cognitive dissonance theorists predict that the person is experiencing dissonance?

• A)Dan is trying to decide whether to buy a new or used bicycle.
• B)Just as Mike finishes mowing the lawn,it begins to rain.
• C)Sara has just been accepted into law school.
• D)Nancy has just chosen to attend City College rather than State University,even after receiving equally attractive scholarship offers from both.

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Definitions:

Net Present Value

A financial metric that calculates the value of a series of cash flows by discounting them to their present value, used to assess the profitability of investments.

Cost of Capital

The return rate that a firm needs to achieve to cover the cost of generating funds in the marketplace, essentially what it must pay in order to use capital.

Living Standards

The level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or geographic area.

GDP Growth

An increase in a country's gross domestic product over time, indicating economic expansion.