"Halo Effect" Refers to

question 57

Multiple Choice

"Halo effect" refers to

• A) thefluence of similarity on our attraction to other people, within our circle of friends.
• B) when one trait or quality we really like appears someone, we are more likely to assume they have other traits that we like
• C) being perceived as good and never, ever being seen a negative way.
• D) good people being perceived as more worthy of our attention than bad people.

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Definitions:

Economic Growth

The increase in the inflation-adjusted market value of the goods and services produced by an economy over a period of time.

Entrepreneurship

The act of creating, organizing, and running a new business venture, typically characterized by risk-taking and innovation to achieve profit and growth.

Capital

Resources, especially financial assets, used to create goods, services, or wealth.

Production Possibilities Curve

A graphical representation showing the maximum quantity of two goods or services that can be produced with limited resources.