The Implicit Association Test (IAT) Is a Computer-Based Test That

question 154

True/False

The Implicit Association Test (IAT) is a computer-based test that measures the degree to which you associate particular groups of people with specific characteristics or attributes, and it is based on the assumption that people can sort images and words more easily when concepts seem to "match" or go together.

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Definitions:

Forward Contract

A legally binding agreement between two parties calling for the sale of an asset or product in the future at a price agreed upon today.

Strike Price

The set price at which the holder of a financial instrument can buy or sell the underlying asset in options trading.

Call Option

A financial contract giving the buyer the right, but not the obligation, to buy an asset at a specified price within a particular time period.

Out-Of-The-Money

A term used to describe an option contract that would not result in a profit if exercised at the current market level.