An Employee of Macro

question 3

Multiple Choice

An employee of Macro.com Corporation is paid $5,000 a month, which she spends regularly throughout the month until she has a zero balance in her checking account at the end of the month.If the corporation changes to a semimonthly payroll schedule, how will the employee's average cash balance change? Assume she does not change her spending pattern when she is now paid twice a month.

• A)It changes from $5,000 to $2,500 per month.
• B)It changes from $2,500 to $1,250 per month.
• C)It changes from $1,250 to $625 per month.
• D)It changes from $500 to $250 per month.

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Definitions:

Individuation

The development of an individual's sense of self and distinct identity through psychological, emotional, and spiritual growth.

Discrimination

Unjust or prejudicial treatment of different categories of people or things, especially on the grounds of race, age, or sex.

Attitude-Discrepant Behavior

Behavior inconsistent with an attitude that may have the effect of modifying an attitude.

Fundamental Attribution Error

A cognitive bias that leads individuals to attribute others' actions to their character or personality, while overlooking situational factors.