The Tendency to Assume That Information That Comes Easily to Mind

question 115

Multiple Choice

The tendency to assume that information that comes easily to mind is more frequent or common is referred to as the:

• A)fundamental attribution error.
• B)availability heuristic.
• C)correspondent inference.
• D)misinformation effect.

Appreciate the diversity of cultural influences on early Christian art and architecture.

Understand the concept and benefits of annuities in retirement planning.

Recognize the importance of starting retirement planning early and continuously updating the plan.

Comprehend the tax implications and benefits of various retirement accounts (IRA, Roth IRA, SEP-IRA).

---

Definitions:

Forward Contract

A financial agreement between two parties to buy or sell an asset at a predetermined future date and price.

Cash-flow Hedge

A financial strategy used to manage risk associated with variability in cash flows due to changes in exchange rates, interest rates, or commodity prices, by using derivatives.

Net Exchange Gain

The profit from exchanging one currency for another after accounting for currency fluctuations and transaction costs.

Forward Contract

A tailor-made agreement between two entities to purchase or sell a specific asset at a predetermined price on a future date.