Students Participated in What They Thought Was a Perception Experiment

question 238

Multiple Choice

Students participated in what they thought was a perception experiment and joined seven others seated in a room. The group was shown a 10-inch test line and had to choose a line that matched it in length from a choice of three lines: 8 inches, 10 inches, and 12 inches. The experimenter, Solomon Asch, had the seven confederates choose a line that was obviously wrong. Asch found that:

• A) 60% of the students remained completely independent on every trial.
• B) students who did not conform were confident and pleased that they had done well.
• C) 20% of the students remained completely independent on every trial.
• D) students who conformed expressed certainty that they had made correct decisions.

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Definitions:

Forward Rate

The agreed-upon price for a financial transaction, such as the exchange of currency, to take place at a future date, used to hedge against market volatility.

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International bonds issued in a currency not native to the country where it is issued.

Withholding Tax

Withholding tax is an income tax that an employer deducts and withholds from an employee's salary and pays directly to the government.

After-Tax Return

The profit from an investment after taxes have been deducted, often considered the most accurate measure of an investment's true return.