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Michael is a professor who is quick to mention this when he first meets other people.He also tends to perceive himself and other professors in a more favourable way than non-professorial staff.Which concept best explains Michael perceptual process?
Interest Rate
The percentage of a loan amount charged by the lender to the borrower for the use of assets, expressed as an annual percentage of the principal.
Inflation Rate
The percentage rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.
Profits
Financial gains obtained after subtracting total expenses from total revenue, from business operations or other investments.
Defensive Driving
Practice of using driving strategies that minimize risks and potential for accidents by anticipating dangerous situations.
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