Which of the Following Is an Explanation for the False

question 66

Multiple Choice

Which of the following is an explanation for the false consensus effect, but not an explanation for the false uniqueness effect?

• A)People use themselves as an "anchor" when judging others.
• B)People want to feel good about themselves.
• C)People want to feel that they are consistent across time.
• D)People tend to ignore base rate information when making probability estimates.

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Definitions:

Years

A unit of time equal to 365 days (or 366 days in a leap year) used to measure duration or age.

Total Dollar Return

The overall financial gain or loss on an investment, including capital gains, interest, dividends, and distributions, calculated in absolute dollar terms.

Shares

Instruments of corporate or financial asset ownership, shares entitle owners to a proportional division of profits, paid as dividends, upon declaration.

Dividend

A portion of a company's earnings distributed to shareholders, often in the form of cash or additional shares.