Steve's Therapist Dr

question 147

Multiple Choice

Steve's therapist Dr. Royce is a client-centered therapist. During therapy sessions, he actively listens to Steve's words and often responds by reflecting back both the content and personal meaning of what Steve seems to be saying. Steve's therapist is:

• A)communicating empathic understanding.
• B)fostering transference.
• C)using systematic desensitization.
• D)trying to counteract Steve's negative cognitive bias.

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Definitions:

Replacement Chain

A method for analyzing and comparing the economic life of alternative investment projects by equalizing their life spans through repeated investments.

NPV

Net Present Value, a method used in capital budgeting to evaluate the profitability of an investment by calculating the difference between the present value of cash inflows and outflows.

Equivalent Annual Annuity

A financial concept used to evaluate the annual return of an investment over its lifetime, making it easier to compare the effectiveness of different investment opportunities.

Cost of Capital

The benchmark earnings rate a company must meet with its investments to maintain its price in the market and draw in backers.