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Which of the Following Is an Output Device

question 50

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Which of the following is an output device?

Analyze factors influencing bank interest rates and their effects on loans and savings.
Distinguish between real and nominal GDP and their relation to money supply growth.
Understand the significance of individual difference variables in psychological research.
Recognize the importance of experiments in establishing causal relationships and the role of the independent variable.

Definitions:

Dissonance Reduction

The process of reducing psychological discomfort by rationalizing or changing one's attitudes or beliefs to be more consistent with one's actions.

Justification of Effort

The tendency to attribute a higher value to outcomes that require a greater amount of effort to achieve.

Hindsight Bias

The tendency to believe, after learning an outcome, that one would have foreseen it, also known as the "I-knew-it-all-along" effect.

Overestimate

To assess something as greater, larger, or more important than it actually is.

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