When People Do Not Have the Information They Need to Make

question 86

Multiple Choice

When people do not have the information they need to make attributions, how does that impact Kelley's covariation model?

• A) People will not make attributions according to Kelley's covariation model.
• B) People successfully fill in the holes of their knowledge and still follow Kelley's covariation model.
• C) People will not make any attributions if they lack information.
• D) People will use more contextual cues and still follow Kelley's covariation model.

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Definitions:

Flexible Exchange Market

Refers to a foreign exchange market where exchange rates are allowed to move due to market forces without intervention by country governments.

Equilibrium Quantity

The amount of goods supplied that is equal to the amount of goods demanded in a market, reached at the intersection of the supply and demand curves.

Demand Curve

A graph showing the relationship between the price of a good and the amount of the good that consumers are willing and able to purchase at that price.

Exchange Rate

The price of one currency expressed in terms of another currency.