Overestimating the Extent to Which Others Notice and Evaluate Our

question 85

Multiple Choice

Overestimating the extent to which others notice and evaluate our appearance and performance is called

• A)external locus of control.
• B)self-serving bias.
• C)the spotlight effect.
• D)defensive self-esteem.

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Definitions:

Politically Influential

Describes individuals or groups that hold significant power to affect public policy or government actions.

Import Protections

Measures such as tariffs and quotas that countries implement to protect their domestic industries from foreign competition.

Consumer Surplus

The disparity between the amount consumers are prepared to spend on a product or service and the actual price they pay.

Import-Competing Industries

Sectors within an economy that produce goods or services in direct competition with imports, often affected by trade policies.