_____ Refers to the Tendency to Use the Ends of a Scale

question 6

Multiple Choice

_____ refers to the tendency to use the ends of a scale regardless of item content.

• A)Acquiescence bias
• B)Extreme response bias
• C)Cultural attribution fallacy
• D)Reference group effect

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Definitions:

Central Banks

Major financial institutions that manage a country's currency supply, interest rates, and serve as a lender of last resort to the banking sector.

Exchange Rates

The price at which one currency can be exchanged for another currency.

Fluctuate

To change or cause to change in level, strength, or value frequently, without steadiness or consistency.

Foreign Exchange

The swapping of one type of currency for a different one or changing one type of currency into another.