Emily Is Trying to Decide Whether to Lease or Buy

question 30

Multiple Choice

Emily is trying to decide whether to lease or buy a car.Which one of the following is not a factor necessary in making the comparison?

• A)down payment
• B)monthly lease payments
• C)gasoline costs
• D)estimated value of vehicle at end of lease period
• E)mileage overage charges

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Definitions:

Reverse Causality

A situation where it is unclear whether A causes B or B causes A, challenging assumptions about cause and effect relationships.

Construct Validity

The extent to which a test or tool accurately measures what it is intended to measure, and the degree to which it can be said to truly assess the theoretical construct it purports to measure.

Social Psychologists

Scientists or researchers who study how an individual's thoughts, feelings, and behaviors are influenced by the actual, imagined, or implied presence of others.

External Validity

The extent to which the results of a study can be generalized to and across other situations, people, settings, and time periods.