David Just Found Out That His New Coworker Is Also

question 43

Multiple Choice

David just found out that his new coworker is also named David, so he jokes that the new guy must be really smart and capable just based on his name! Which of the following is consistent with David's reaction?

• A) groupthink
• B) implicit egotism
• C) adaptive conservatism
• D) cognitive dissonance

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Definitions:

Capital

Assets or resources, such as machinery, buildings, or money, that can be used to produce goods and services and generate wealth.

Coined

Refers to the creation of a new word or phrase or the process of making coins as a form of currency.

Interest Rate

The percentage at which interest is paid by borrowers for the use of money that they borrow from a lender.

Profit

The financial gain that is realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.