Finke's "Creating an Object" Experiment Had Participants Create a Novel

question 18

Multiple Choice

Finke's "creating an object" experiment had participants create a novel object by combining parts. Once they created an object, they were given the name of an object category and instructed to interpret their creation as a practical object or device within that category. Finke used the term preinventive forms to describe the

• A) object parts.
• B) novel objects before a function was described.
• C) practical objects within the category.
• D) inventions rated high in both practicality and originality.

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Definitions:

LIBOR

London Interbank Offered Rate; the rate that large banks in London charge one another.

Floating-Rate Debt

A type of debt instrument with interest rates that adjust periodically based on a benchmark interest rate or index.

Fixed Rate Debt

A type of loan or security with an interest rate that remains constant throughout the life of the loan or security.

Interest Rate Swaps

Financial derivatives contracts where two parties agree to exchange one stream of interest payments for another, based on a specified principal amount.