Which of the Following Describes the Phenomenon Whereby the Last

question 15

Multiple Choice

Which of the following describes the phenomenon whereby the last pieces of information to which we are exposed have heightened impact on our judgments,relative to information received in the middle?

• A) The halo effect
• B) The what is beautiful is good effect
• C) The recency effect
• D) The finale effect

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Definitions:

Usurious Interest

Exorbitantly high interest rates, often exceeding legal or ethically acceptable limits.

Unconscionable

Refers to actions or terms that are excessively unjust or unreasonable, often to a degree that they violate fairness or ethics.

Supply

The sum of a product or service that can be bought at a specific price.

Land

The surface of the earth and its natural resources, considered a fundamental factor of production in economics.