Jacob and Matt Both Flunk Their Math Test

question 7

Multiple Choice

Jacob and Matt both flunk their math test. Jacob says to his friends that there is no point in his continuing in the course because the teacher just doesn't like him. Matt says he is going to drop the course because he is just stupid in math. According to the reformulated learned helplessness theory,

• A) Matt is more likely to become depressed than Jacob.
• B) Matt is more likely to feel helpless than Jacob.
• C) Jacob is more likely to become depressed than Matt.
• D) Jacob is more likely to feel helpless than Matt.

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Definitions:

Present Value Approach

A method to determine the current worth of a future sum of money or stream of cash flows given a specified rate of return.

Installment Sales Method

An accounting method that recognizes revenue when payments are actually received rather than at the point of sale.

Accrual Method

A bookkeeping approach that registers revenues and costs as they are accrued or realized, irrespective of the timing of the associated cash transactions.

Taxable Income

The amount of income that is subject to income tax after deductions and exemptions.