Sylvester Was Thrilled When He Received a Large Bonus from His

question 117

Multiple Choice

Sylvester was thrilled when he received a large bonus from his company. Later that day, when he was asked if he could volunteer a few hours to help at the Food Bank, he readily agreed. This example best illustrates:

• A)the "feel good, do good" effect.
• B)the bystander effect.
• C)the self-serving bias.
• D)hindsight bias.

---

Definitions:

Pension Fund Manager

A professional who oversees the investment strategy and operations of a pension fund, aiming to ensure the financial stability and growth of the fund to meet future liabilities.

Index Fund

A type of mutual fund or exchange-traded fund (ETF) designed to replicate the performance of a specific market index.

Whole-Life Insurance

A type of permanent life insurance policy that offers a death benefit alongside a savings account component, covering the insured for their entire life.

Long-Term Bonds

Debt securities with maturities typically longer than 10 years, offering regular interest payments and repayment of principal at maturity.