Because Jesse's Teacher Believes That He Is Intelligent, She Challenges

question 93

Multiple Choice

Because Jesse's teacher believes that he is intelligent, she challenges him with extra assignments and generally encourages his curiosity. At the end of the school year, Jesse performs better on the school's achievement test than any other student. Jesse's enhanced performance is likely due to the

• A) recency effect.
• B) expectancy effect.
• C) self-serving bias.
• D) judgment bias.

Analyzing the trends in consumer spending on different categories of goods and services over time.

Comprehending the importance of the marginal propensity to consume (MPC) and marginal propensity to save (MPS) and their relation.

Recognizing the impact of disposable income levels on consumption and saving behaviors.

Grasping the concept of autonomous consumption and its significance in economic analysis.

---

Definitions:

Lump Sum

A lump sum is a single payment of money, as opposed to making payments over time in installments.

Interest Rate

The portion of a loan that accrues interest, regularly described as an annual percentage of the loan’s remaining debt.