The Tendency for Observers to Underestimate the Impact of the External

question 70

Multiple Choice

The tendency for observers to underestimate the impact of the external situation and overestimate the impact of inner traits when they seek explanations of another person's behavior is called

• A)the self-serving bias.
• B)the fundamental attribution error.
• C)the false consensus bias.
• D)cognitive dissonance.

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Definitions:

Agricultural Surpluses

The excess production of agricultural products beyond what is needed to meet the demand, often resulting in lowered prices and wasted resources.

Developing Countries

Nations with a lower level of material wealth, less developed industrial bases, and lower Human Development Index ratings compared to more developed countries.

Minimum Wage

A legal floor on the wage rate. The wage rate is the market price of labor.

Unemployment

Refers to the situation where individuals who are able and willing to work are not employed.