If the Nominal Rate of Interest Is 6% and the Inflation

question 32

Multiple Choice

If the nominal rate of interest is 6% and the inflation rate is 3%, what is the real rate of interest?

• A)-9.5%
• B)-305%
• C)1.5%
• D)3%

Understand the concept of attribution and its applications in social psychology.

Differentiate between internal and external attributions.

Recognize factors that influence attribution, including the actor-observer effect and cultural differences.

Identify the types of information used in making attributions according to Harold Kelley.

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Definitions:

Big Five Domains

The Big Five Domains refer to five broad dimensions of personality used to describe human personality traits: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Assertiveness

A communication and behavior style characterized by confidently expressing one’s thoughts, feelings, and needs directly and respectfully.

Trait Factor

An element of personality that is considered to be stable across time and situations, contributing to consistent patterns of thoughts, feelings, and behaviors.

Emotional Well-being

A state where an individual experiences positive emotions, satisfaction with life, and a sense of purpose and meaning.