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Two Persons with Equal Average Propensities to Consume Will Not

question 94

True/False

Two persons with equal average propensities to consume will not necessarily have equal standards of living because of differences in income.

Learn about afterimages and the mechanisms underlying this visual phenomenon.
Understand the concept of gestalt in perception and the principles that govern visual organization.
Identify the neural mechanisms involved in face recognition and the specific brain areas associated with this task.
Realize the importance of parallel processing and its role in the rapid recognition of objects and their features.

Definitions:

Fundamental Attribution Error

The tendency to underestimate the influence of external factors and overestimate the role of internal factors in explaining others' behavior.

External Attribution

The process of attributing the cause of a person's behavior to situational or external factors.

Illusory Correlation

The belief in a connection between two variables even when there is actually no such connection present.

Beginner's Luck

The phenomenon where an inexperienced person achieves success in a particular activity on their first try.

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