According to the _____,People Strive to Justify Their Behavior by Reducing

question 71

Multiple Choice

According to the _____,people strive to justify their behavior by reducing the degree to which their beliefs or impressions are inconsistent with reality.

• A) Elaboration likelihood model
• B) stimulus-response theory
• C) equity theory
• D) theory of cognitive dissonance
• E) expectancy theory

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Definitions:

Interest Days

The number of days over which interest is calculated on a loan or financial instrument.

Coupon Bond

A type of bond that pays the holder interest at a fixed rate, typically semi-annually, until maturity when the face value is repaid.

Ask Price

The lowest price at which a seller is willing to sell a financial asset, commodity, or currency in the market at a particular time.

Accrued Interest

Accrued interest is the interest that has been earned but not yet received or paid, accumulating on bonds and loans from one payment period to the next.