The Tendency to Interpret,seek,and Create Information That Is Consistent with Pre-Existing

question 119

Multiple Choice

The tendency to interpret,seek,and create information that is consistent with pre-existing expectations is called the ____ bias.

• A)implicit stereotype
• B)representativeness
• C)availability
• D)confirmation

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Definitions:

Used Goods

Items that have been previously owned and utilized by another party, often sold at a lower price than equivalent new items.

National Income

The total income earned by a country's residents and businesses, including wages, profits, and taxes minus subsidies, within a specific time period.

Corporate Profits

The total income earned by companies after all expenses and taxes have been deducted, indicative of business health and economic conditions.

Depreciation

Depreciation refers to the reduction in the value of an asset over time, often due to wear and tear.