Stock Prices Fell Throughout Much of 2007 and 2008 and Many

question 68

Multiple Choice

Stock prices fell throughout much of 2007 and 2008 and many investors decided to switch their funds into the bond market.What only about 30 percent of surveyed investors knew was that as bond prices rise, interest rates

• A)fall in reaction to the increased demand for bonds.
• B)fall in reaction to the decreased demand for bonds.
• C)rise in reaction to the increased demand for bonds.
• D)rise in reaction to the decreased demand for bonds.

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Definitions:

Older Adults

Individuals typically considered to be in the later stage of life, often defined as being 65 years old or older.

Social Information

Information derived from social contexts, including the behaviors, attitudes, and opinions of others, which influences individuals' knowledge, attitudes, and behavior.

Categorize

To classify or organize items or ideas into specific groups or classes based on shared characteristics or criteria.

Other-Race Effect

The tendency to more easily recognize faces of the race that one is most familiar with (also known as cross-race effect or own-race bias).