John Is Described as Being Introverted, Shy, Logical, Hard-Working, Not

question 56

Multiple Choice

John is described as being introverted, shy, logical, hard-working, not much fun, very intelligent, and having a weird sense of humor. These characteristics match your stereotype of accountants. If you are asked whether John is more likely to be an accountant or a salesman, you are very sure he must be an accountant. This result is predicted from:

• A) the contrast effect.
• B) the primacy effect.
• C) the attitude heuristic.
• D) the representative heuristic.

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Definitions:

Economic Efficiency

A situation in which every resource is optimally allocated to serve each individual or entity in the best way while minimizing waste and inefficiency.

Chicago School

An economic school of thought advocating for minimal government intervention in markets, emphasizing the importance of free-market principles.

Trust

A fiduciary relationship where one party, known as the trustee, holds property or assets for the benefit of another party, called the beneficiary.

Beneficiaries

Individuals or entities designated to receive benefits or assets from an estate, insurance policy, or trust.