Sarah Has a Savings Account with a $1,000 Balance That

question 57

Multiple Choice

Sarah has a savings account with a $1,000 balance that earns an annual percentage yield of 3%.If she decides to withdraw the entire balance to buy a laptop computer,what will be her opportunity cost of buying the laptop?

• A) the cost of the laptop
• B) the forgone interest
• C) the forgone interest and the cost of the laptop
• D) the cost of the laptop minus the forgone interest

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Definitions:

Emotional

Relates to feelings, moods, and affective states of an individual, often influencing behavior and thought processes.

Structural Cohesion

The strength of relationships and bonds within a group, facilitating its unity and resilience against external pressures.

Tuckman's Stage Model

A theory that outlines five stages of group development: forming, storming, norming, performing, and adjourning.

Bale's Equilibrium Model

A conceptual framework in group dynamics focusing on the balance between task-oriented and socio-emotional needs within groups.