__________ Refers to the Source That a Person Believes to Be

question 324

Multiple Choice

__________ refers to the source that a person believes to be exerting control over life's events.

• A) Low self-esteem
• B) Locus of control
• C) High self-efficacy
• D) Internal focus

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Definitions:

Payments

The transfer of money or goods in exchange for products, services, or to fulfill a legal obligation.

Principal

The amount of money originally invested or loaned, on which basis interest and returns are calculated.

Effective Annual Rate

The interest rate on an investment or loan that considers the effects of compounding over a one-year period.

Interest

The cost of borrowing money, typically expressed as a percentage of the principal, to be paid over a specified period.