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________ Expenses Remain the Same Each Month Regardless of the Amount

question 4

Short Answer

________ expenses remain the same each month regardless of the amount of activity and often include rent,utilities,and insurance.


Definitions:

Actor-observer Difference

A cognitive bias where people tend to attribute their own actions to external situations while attributing others' actions to their personalities or dispositions.

Bias

A tendency to lean in a certain direction, often unfairly, in thought or decision, usually leading to a prejudiced outcome.

Halo Effect

A cognitive bias where an impression created in one area influences opinion in another area.

Similar-to-me Effect

The tendency to prefer individuals who are perceived to be similar to oneself in terms of attitudes, beliefs, and backgrounds.

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