Assuming That Someone's Action Are a Reflection of Their True

question 8

Multiple Choice

Assuming that someone's action are a reflection of their true personality or disposition, and ignoring the possibility that their behavior could be influenced by the situation is known as:

• A)the dilution effect
• B)the perseverance effect
• C)the correspondence bias
• D)premature cognitive commitment
• E)anchoring-and-adjustment effect

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Definitions:

Actual Money Multiplier

The real-world effect of a change in the base money supply on the money supply, taking into account changes in reserves and currency holdings.

Simple Money Multiplier

Refers to the ratio indicating the maximum amount of money that banks can theoretically generate with each dollar of reserves.

Cash Withdrawals

The process of taking money out of a bank account using a debit card or bank slip.

Money Supply

The entire stock of currency and other liquid instruments circulating in a country's economy as of a particular time.