A Tendency to Take Credit for a Success by Making

question 68

Multiple Choice

A tendency to take credit for a success by making an internal attribution is called the

• A) actor-observer effect.
• B) self-serving bias.
• C) fundamental attribution error.
• D) halo effect.

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Definitions:

Recovery

The phase of the business cycle in which economic activity picks up and the economy begins to grow after a recession.

Business Cycle

The fluctuations in economic activity that an economy experiences over a period of time, including periods of expansion and contraction.

Spring 2002

Spring 2002 refers to a specific time period within the year 2002, often contextualized by significant events or seasonal attributes relevant to that duration.

Trough

The lowest point in an economic cycle, representing a period of reduced economic activity before a recovery begins.