Examlex
Other factors being equal,fixed-rate mortgages will have higher interest rates initially than adjustable-rate mortgages.
Hedonic Adaptation
The observed process of people returning to a set level of happiness despite major positive or negative events or life changes.
Natural Selection
A mechanism of evolution where organisms better adapted to their environment tend to survive and produce more offspring, shaping the genetics of populations.
Pleasurable Events
Activities or occurrences that induce a state of enjoyment or happiness.
Circular Reasoning
A logical fallacy in which the conclusion of an argument is used as a premise of the same argument.
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