When Engaged in Debate Over Especially Contentious Issues Such as Racism

question 68

Multiple Choice

When engaged in debate over especially contentious issues such as racism, religious bias, or marriage equality, people who have polar opposite views often believe that their own views of those the majority. This illustrates the ____ effect.

• A) external attribution
• B) illusory correlation
• C) false uniqueness
• D) false consensus

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Definitions:

Foreign Exchange Gains

Profits resulting from the increase in value of a currency against another in the foreign exchange market.

Self-Sufficient Subsidiary

A subsidiary that operates independently from its parent company, having its own financial systems, resources, and capabilities to sustain its operations.

Total Assets

The sum of all assets owned by an entity, representing the total resources at its disposal for operations or investments.

Current-Rate Method

An accounting method used to convert the financial statements of a foreign subsidiary into the parent company’s reporting currency by applying the current exchange rate.