Brooke Invested $3,500 in the Stock Market with the Expectation

question 22

Multiple Choice

Brooke invested $3,500 in the stock market with the expectation of earning 9.5 percent. She actually earned 10.7 percent for the year. What is the amount of her unexpected return?

• A) -1.2 percent
• B) -0.6 percent
• C) 1.2 percent
• D) 1.9 percent
• E) 2.4 percent

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Definitions:

Conflict

A serious disagreement or argument, typically a protracted one, that can occur between individuals, groups, or nations.

Discord

A lack of agreement or harmony between people, ideas, or feelings, resulting in conflict or unrest.

Pluralistic Ignorance

A social psychological phenomenon where individuals mistakenly believe their thoughts, feelings, or behaviors are different from those of the group, leading to conformity despite private disagreement.

Social Value Orientation

An individual's preferences when allocating resources between oneself and others, which can influence behavior in social situations.