Examlex
Assume you have a credit card balance of $2,000 at 15 percent and the inflation rate is 3 percent.What are the nominal and real interest rates?
Overjustification Effect
The phenomenon where providing excessive external rewards for an already internally rewarding activity leads to a decrease in intrinsic motivation.
Overjustification Effect
The phenomenon in which rewarding a person for performing an activity actually decreases their intrinsic motivation to perform that activity.
Externality Hypothesis
A theory suggesting that individuals attribute their success to internal factors and failures to external factors, often explored within the context of social psychology and self-perception.
Principle Homeostasis
The regulatory principle that organisms maintain a stable internal environment despite external changes.
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