A Subprime Loan Is

question 20

Multiple Choice

A subprime loan is

• A)a mortgage to some one with bad credit and little or no down payment.
• B)the lowest rated fixed rate mortgage.
• C)is made to a borrower with good credit where the lender does not verify the income stated by the borrower.
• D)a derivative.

Grasp the definition and components of social psychology.

Recognize the influence of physical attractiveness on social perception.

Understand the concepts of self-serving bias, defensive attribution, and the fundamental attribution error.

Comprehend the role of social schemas in forming impressions of others.

---

Definitions:

Approach-avoidance

A psychological conflict that involves being drawn to and simultaneously repelled by the same object, situation, or action.

Avoidance-avoidance

A decision-making process involving a choice between two equally undesirable outcomes or options.

Approach-approach

A conflict arising from having to choose between two desirable outcomes.

Double approach-avoidance

A psychological conflict that involves being torn between two goals, each possessing both appealing and negative aspects.