Walster and Festinger Conducted an Experiment in Which Subjects "Overheard

question 21

Multiple Choice

Walster and Festinger conducted an experiment in which subjects "overheard" a conversation between two graduate students, one of whom expressed an opinion on a certain issue. Subjects' opinions were influenced by the graduate student's opinion when:

• A) the graduate student had previously performed a favor for the subject.
• B) the subject believed the graduate students were unaware of his or her presence.
• C) the graduate student was an expert on the particular issue in question.
• D) the graduate student presented a two-sided argument regarding the issue in question.

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Definitions:

Compounded Monthly

This involves the addition of interest to the principal sum of a deposit or loan each month, affecting the total interest accrued over time.

Compounded Quarterly

Interest calculated on an investment or loan on a quarterly basis where the interest is added to the principal, resulting in interest on interest for the next quarter.

Compounded Monthly

Interest calculated on the initial principal and also on the accumulated interest of previous periods, with the process happening every month.

Compounded Semi-annually

Interest calculated on the initial principal, which also includes all of the accumulated interest from previous periods, applied twice a year.