Carly Was in Favor of a Proposed Convention Center; Colin

question 222

Multiple Choice

Carly was in favor of a proposed convention center; Colin was against the project.When Carly surveyed people she found that 70% of those she questioned were in favor of the project.Colin's survey found that 75% of those he surveyed were against building the convention center.These differing survey results show that.

• A) single-cause explanations are often inaccurate.
• B) motives and expectations can color our experiences.
• C) theoretical diversity is an important component in science.
• D) sciences do not exist in a cultural vacuum.

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Definitions:

Liquidity Premium

The portion of a nominal interest rate or bond yield that represents compensation for lack of liquidity.

Inflation

An indicator of how quickly the overall price level for goods and services increases, leading to a decrease in buying power.

Inflation Premium

The additional yield that investors demand on securities to compensate for the loss of purchasing power due to inflation.

Nominal Interest Rate

The stated interest rate of a bond or loan, which does not account for inflation or the compounding of interest.