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INSTRUCTIONS: Choose the Word or Phrase in [ ] Which

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INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
The [ nominal | effective ] rate of interest is the annual rate of return that is actually earned during the period the funds are held.

Recognize the application of comparative reasoning in various contexts, including scientific, legal, and everyday reasoning.
Differentiate between strong and weak comparative reasoning using the criteria of simplicity, testability, and comprehensiveness.
Explain the role of familiarity in enhancing the effectiveness of comparative reasoning.
Analyze the impact of comparative reasoning on argumentation and persuasion.

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