Which of the Following Is Most Likely to Be Due

question 73

Multiple Choice

Which of the following is most likely to be due to the mere exposure effect?

• A) Museum visitors have especially favorable attitudes toward paintings that they view at the end of their visit.
• B) The public immediately prefers a company's new logo to the existing logo.
• C) Radio listeners like a song the station plays multiple times more than they like a song the station plays only once or twice.
• D) Students memorize humorous poems faster than dramatic poems.

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Definitions:

Lock Box System

A service offered by banks to process payments received by a company directly into its bank account, speeding up the collection and utilization of funds.

Check Clearing

The process of transferring funds from the check writer's account to the recipient's account, finalizing the payment.

Compensating Balance

A minimum account balance that a borrower is required to maintain as a condition for obtaining a loan, it compensates the bank by offsetting the cost of providing the loan.

Effective Interest Rate

The interest rate on a loan or financial product restated from the nominal interest rate as an interest rate with annual compound interest payable in arrears.