Determining That Your Psychology Teacher Is Very Intelligent Because She

question 193

Multiple Choice

Determining that your psychology teacher is very intelligent because she has a doctoral degree from a university would be an example of ____.

• A) the availability heuristic
• B) inductive reasoning
• C) anchoring and adjustment
• D) deductive reasoning

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Definitions:

Dividend Revenue

Income received from owning shares in a company, typically paid out from the company's profits.

Investing Activities

Investing activities involve the purchase and sale of long-term assets and other investments, not including cash equivalents, as part of a company’s capital allocation strategy.

Short-term Investments

Assets that are expected to be converted into cash, sold, or consumed within one year or within the business cycle, whichever is longer.

Cash Dividends

Payments made by a corporation to its shareholders out of its profits or reserves.