In One Study,researchers Found That Participants Thought They Were More

question 22

Multiple Choice

In one study,researchers found that participants thought they were more likely to draw a red marble from a jar with 10 red marbles and 90 other-colored marbles,rather than a jar with 1 red marble and 9 other-colored marbles,even though technically this is not true.This study BEST illustrates the pervasiveness of what aspect of social cognition?

• A)impressions
• B)scripts
• C)the cognitive system
• D)heuristics

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Definitions:

Annual Interest Rate

The percentage increase in money owed or invested over a year, due to interest.

Amortize

The process of gradually paying off a debt or spreading the cost of an intangible asset over its useful life for accounting and tax purposes.

Equal End-of-Year

A term referring to payments or allocations that are made uniformly at the end of each year.

Effective Annual Rate

The effective annual rate (EAR) is the interest rate on a financial product restated from nominal terms into an annualized rate accounting for compounding over a period.