The So-Called Illusory Correlation Can Most Directly Help Explain ____

question 78

Multiple Choice

The so-called illusory correlation can most directly help explain ____.

• A)why people tend to think that they are "better than average" on most traits and abilities
• B)why people tend to overestimate the degree to which members of minority groups engage in criminal behaviors
• C)why people tend to continue to gamble even when they have hit an "unlucky streak"
• D)why people tend to assume that it is more common for people to die from plane crashes than from lung cancer

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Definitions:

World Bank

An international financial institution that provides loans and grants to the governments of poorer countries for the purpose of pursuing capital projects.

MIGA

The Multilateral Investment Guarantee Agency, part of the World Bank Group, that offers political risk insurance to companies investing in developing countries.

Dumping

The practice of a company selling a product in a foreign market at a price lower than its market cost or below the production cost, often to increase market share or drive out competition.

Multilateral Investment Guarantee Agency

An international financial institution that offers political risk insurance and credit enhancement to investors and lenders to encourage investment in developing countries.