When Clouds Move Across the Moonlit Sky, the Moon Appears

question 32

Multiple Choice

When clouds move across the moonlit sky, the moon appears to move and the clouds appear to be stationary. This is an example of

• A) the moon illusion.
• B) induced movement.
• C) perceptual constancy.
• D) the phi effect.

---

Definitions:

Loan Indentures

Formal agreements specifying the terms of a bond or loan, including the interest rate, repayment schedule, and other conditions.

Covenants

Clauses in a contract or loan agreement that stipulate certain actions that must be taken or avoided by the borrower.

Dividend Payments

Periodic payments made by a company to its shareholders out of its profits or reserves.

Dividend Payout Ratio

A financial metric that shows the percentage of earnings a company distributes to shareholders in the form of dividends.