Joyce Believes That She Can Choose to Act in Ways

question 81

Multiple Choice

Joyce believes that she can choose to act in ways that maximize positive outcomes and minimize negative ones.Penny believes that her behaviors do not usually influence the outcomes of various situations to any great extent,but that most things are determined by luck or things that are beyond her control.Joyce has and Penny has .

• A)a socially proactive attitude; a socially reactive attitude
• B)an internal locus of control; an external locus of control
• C)high egocentrism; low egocentrism
• D)an external locus of control; a fatalistic attitude
• E)a high degree of empathy for others; a low degree of empathy for others

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Definitions:

Loanable Funds

A term referring to all the money available for borrowing in the financial markets, from various sources including savings and investments.

Interest Rate

The amount charged by a lender to a borrower for the use of assets, expressed as a percentage of the principal, typically over a one-year period.

Investment

The act of spending money with the expectation of obtaining an additional income or profit, often involving financial investments, purchasing assets, or funding new business ventures.

Saving Incentives

Financial or regulatory measures designed to encourage individuals or businesses to save more money.