People Are Most Likely to Engage in the Ultimate Attribution

question 116

Multiple Choice

People are most likely to engage in the ultimate attribution error when

• A) the ingroup and outgroup are generally friendly toward one another.
• B) emotions do not come into play.
• C) they are highly prejudiced.
• D) group membership is based on a basic social category.

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Definitions:

Cash Held

Physical money held by a business in its cash registers or cash box, used for daily operations.

Present Value

The present-day valuation of coming monetary sums or cash flow sequences, upon applying a defined rate of return.

Compounded Annually

The process wherein the interest earned on an investment is added to the principal each year, and in the subsequent year, interest is earned on this new principal.

Market Rate

The prevailing price or interest rate available in the marketplace for goods, services, or securities at a given time.