The "Prime" Rate Is ___________________________

question 41

Multiple Choice

The "prime" rate is ___________________________.

• A)The lending rate banks charge their most creditworthy clients
• B)The yield on 91-day treasury bills
• C)The yield on 30-year government bonds
• D)The yield on 1-year government bonds
• E)The yield on corporate bonds

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Definitions:

Ultimate Attribution Error

A cognitive bias where individuals attribute negative actions of out-group members to their inherent characteristics while attributing positive actions to situational factors.

Outgroup Derogation

The phenomenon of negatively evaluating or discriminating against members of an outgroup compared to one's ingroup.

Ingroup Bias

The tendency for people to give preferential treatment and positive attitudes towards members of their own group over those from other groups.

Social Situation

A scenario involving interactions between individuals or groups within a social context, influencing behaviors, thoughts, and emotions.