Which of the Following Phenomena Would NOT Be Explained by Balance

question 4

Multiple Choice

Which of the following phenomena would NOT be explained by balance theory?

• A) We want to agree with the people we like and disagree with those we dislike.
• B) We want to see things that are alike in one way as alike in other ways, too.
• C) We want to return favors that we receive from others.
• D) We want to associate good things with good people.

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Definitions:

Simple Rate

A simple interest rate is calculated only on the principal amount of a loan or investment, without compounding over time.

Interest Charged

The amount of money charged by a lender to a borrower for the use of borrowed funds, expressed as a percentage of the principal.

Investment Matured

An investment matured refers to when an investment reaches its due date and the principal amount is returned to the investor along with any final interest payments.

Interest Amount

The sum paid or charged for the use of money or for borrowing money.