Dustin Believes That Landing a Good Job Largely Depends on Luck

question 85

Multiple Choice

Dustin believes that landing a good job largely depends on luck and the overall state of the economy. Jennifer believes that getting her "dream job" depends mainly on her education, job search skills, and attitude. Dustin displays an _____ locus of control, whereas Jennifer exhibits an _____ locus of control.

• A)external; internal
• B)internal; external
• C)extrinsic; intrinsic
• D)intrinsic; extrinsic

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Definitions:

Treasury Bills

Treasury Bills (T-Bills) are short-term U.S. government debt obligations with a maturity of one year or less, considered a safe investment due to government backing.

Financial Instruments

Contracts that give rise to a financial asset of one entity and a financial liability or equity instrument of another entity.

Federal Government

A system of government where powers and responsibilities are divided between a national government and smaller administrative divisions.

TIPS

Treasury Inflation-Protected Securities (TIPS) are a form of U.S. Treasury securities designed to help investors protect against inflation, as their principal value adjusts with the inflation rate.