Suppose That There Are Two Winners for the Nobel Prize

question 137

Multiple Choice

Suppose that there are two winners for the Nobel Prize in Economics this year, and suppose that one of them is a professor at your university while the other is a professor somewhere else. Research suggests that you will tend to ____.

• A) judge the winner from your university more positively
• B) judge the winner from the other university more positively
• C) judge the winner from your university more positively-but only if you have extremely high self-esteem
• D) judge the winner from your university more positively-but only if you have extremely low self-esteem

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Definitions:

Compounded Annually

The calculation of interest on the original principal and the accumulated interest of prior periods, applied once per year.

Quarterly Payments

Payments made four times a year at three-month intervals, often used in loan repayments.

Semi-Annually Compounded

Refers to the process of calculating and adding interest to a principal sum twice a year.

Weekly Payments

Payments that are made once every week, often used in employment or loan repayment plans.