Sometimes Our Expectations About the Social World Are Fulfilled Simply

question 26

Multiple Choice

Sometimes our expectations about the social world are fulfilled simply because we believe them to be true.Which example best illustrates this point?

• A) Jill expected to fail her psychology exam, so she studied extremely hard.
• B) Karen expected her blind date to be funny, so she cracked a lot of jokes. He laughed along and told some jokes of his own.
• C) Luke expected his girlfriend to be angry when he arrived two hours late, and she was.
• D) Hoda expected the social psychology exam to be easy, and she earned an "A."
• E) Jaime expected his blind date to be beautiful. After paying for an expensive meal, he convinced himself that she was.

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Definitions:

Savings Rate

The proportion of disposable income that is saved rather than spent on consumption, typically expressed as a percentage.

Credit Cards

Financial instruments issued by banks or financial institutions that allow cardholders to borrow funds with which to pay for goods and services with the obligation to pay back the borrowed money, plus any applicable interest.

Permanent Income Hypothesis

A theory suggesting that people's consumption choices are based on their long-term income expectations rather than their current income.

Induced Consumption

Consumer spending that increases as disposable income rises, and decreases as disposable income falls, unrelated to the level of interest rates.