Examlex
Using the rule of thumb, which states that each discount point raises the yield by 1/8 of 1%, two discount points raise the effective yield of a typical home loan by1/4 of 1%.
Halo Effects
A mental shortcut where the general perception of an individual, brand, or product shapes one's opinions and attitudes toward their specific attributes or qualities.
Interpretation Stage
The phase in a process where data, results, or situations are analyzed and understood, often influencing future decisions or actions.
Stereotypes
Oversimplified, generalized beliefs about a particular group of people or type of person that often do not reflect reality.
Contrast Effect
Occurs when the meaning of something that takes place is based on a contrast with another recent event or situation.
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