The Idea of "Telling More Than You Can Know" (Nisbett

question 156

Multiple Choice

The idea of "telling more than you can know" (Nisbett & Wilson, 1977) is the premise that people may report why they respond a certain way, but that their reports about causes of behavior reflect __________.

• A) subconscious conflicts between implicit and explicit attitudes
• B) their theories and beliefs about what should have influenced them
• C) what people believe most other people would report
• D) what people think the researcher wants them to say

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Definitions:

Rule Of 70

A method used to estimate the number of years it will take for a variable to double, calculated by dividing 70 by the annual growth rate.

Interest Rate

The proportion of a specified sum that is added as a charge for borrowing it, usually stated as an annual rate.

Utility Function

A mathematical representation describing how a consumer ranks different bundles of goods according to levels of satisfaction.

Risk Averse

A preference for guaranteed outcomes over those with uncertainty, even if the uncertain outcomes might offer a higher expected return.