Which of the Following Statements Is True

question 48

Multiple Choice

Which of the following statements is true?

• A)The capital gains tax rate reached its all-time low during 2003-2012 in the U.S.
• B)The capital gains tax rate reached its all-time low during the 1970s in the U.S.
• C)The capital gains tax rate was nearly 40 percent during 2003-2012 in the U.S.
• D)The incomes of the top 1 percent were likely overstated in early 2000s in the U.S.

Understand how attitudes can be changed and how they guide behavior in various social contexts.

Grasp the mechanisms behind social influence, including conformity, informational social influence, and normative social influence.

Explain the phenomena related to prosocial behavior, including altruism, and how social presence affects the willingness to help.

Understand the concept of attributional biases and their common types.

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Definitions:

Pierre-Joseph Proudhon

A French philosopher and politician, known for declaring "Property is theft!" and for his contributions to anarchist theory.

Koran

The holy book of Islam, considered by Muslims to be the word of God as revealed to the Prophet Muhammad.

Interest

The cost of borrowing money, typically expressed as an annual percentage rate, or the income earned from lending money.

Interest Rates

The cost, represented as a portion of the principal, that a borrower must pay to a lender for borrowing assets.