People Are Likely to Use Automatic Processing When ________

question 93

Multiple Choice

People are likely to use automatic processing when ________.

• A) their subject knowledge of the issue is high
• B) their interest level in the issue is high
• C) their usage of heuristics related to the issue is high
• D) their need for cognition is high
• E) their reliance on logics and facts to make a decision is high

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Definitions:

Asset Allocation

The strategy of distributing investments among different categories like stocks, bonds, and cash to reduce risk and increase the potential of return.

Excess Return

The return on an investment above the return on a risk-free investment or benchmark index.

Bogey Portfolio

A benchmark portfolio used to evaluate the performance of a mutual fund or investment manager, typically reflecting a standard or targeted investment strategy.

Geometric Average

A type of mean that represents the central tendency or typical value of a set of numbers by using the product of their values.