Which of the Following Statements Is True of Ethnocentrism

question 136

Multiple Choice

Which of the following statements is true of ethnocentrism?

• A)It refers to the tendency to favor one's outgroups over one's ingroups.
• B)It encourages people to think in terms of ingroup and outgroup.
• C)It discourages people to think in terms of "we" and "they."
• D)It refers to the tendency to focus on the similarities between one's ingroups and one's outgroups.

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Definitions:

Compounded Options

Compounded options are not a standard financial term, suggesting a mix-up or confusion with terms related to compound interest or options trading. NO.

GICs

In Canada, Guaranteed Investment Certificates represent an investment option guaranteeing a fixed return rate over a certain time frame.

Annually

Happening annually or pertaining to a timeframe of one year.

Effective Interest Rate

The actual interest rate that a borrower pays or earns on a loan or investment, taking into account the effect of compounding.