Which of the Following Statements Is NOT an Example of the Fundamental

question 129

Multiple Choice

Which of the following statements is NOT an example of the fundamental attribution error?

• A)Wealthy people tend to believe that poor people are poor because they are lazy or immoral.
• B)People believe that their coworkers who are late to work are lazy.
• C)People believe that individuals become depressed because the people around them treat them as if they should be depressed.
• D)People believe that actors are like the characters they play.

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Definitions:

Compounded Annually

Interest calculated once a year on both the initial principal and the accumulated interest from previous periods.

Compounded Monthly

Interest on an investment or loan calculated and added to the principal balance monthly, where each month's interest calculation includes the previous month's interest.

Deferred Annuity

A financial security provided by insurers that holds back the distribution of income, either through regular installments or a one-time sum, until it's opted for by the investor.

Ordinary Annuity

A series of equal payments made at regular intervals, with the first payment occurring at the end of the period.