When David Is Asked to Describe His Best Friend Josh

question 63

Multiple Choice

When David is asked to describe his best friend Josh, he responds: "Josh is very friendly, pretty intelligent, and a really nice guy. He seems laid-back, but he actually works hard at keeping up with his college classes. He's a lot of fun because he's always ready to try something new." David's description of his friend's personality would be most consistent with which of the following approaches to personality?

• A)psychoanalytic
• B)social cognitive
• C)humanistic
• D)trait

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Definitions:

Nominal Rate

The stated interest rate of a financial instrument, not adjusted for inflation or other factors that affect its true cost or yield.

Inflation Rate

The rate at which the general level of prices for goods and services is rising, thus eroding purchasing power.

Standard Deviation

A measure of the dispersion or variability in a set of values, often used to quantify the risk of investment returns.

Volatility Level

A statistical measure of the dispersion of returns for a given security or market index, often associated with the degree of risk.