On Monday, Manuel Interviewed for a Job That He Really

question 98

Multiple Choice

On Monday, Manuel interviewed for a job that he really wants. The interviewer told Manuel that he would call on Friday to tell Manuel if he got the job. On late Friday afternoon, Manuel is trying to study, but whenever he hears a sound, he jumps up and thinks it's the phone. Manuel is showing ____________, a concept described in ____________.

• A) response bias; psychophysics
• B) sensory adaptation; psychophysics
• C) response bias; signal detection theory
• D) sensory adaptation; signal detection theory

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Definitions:

Financial Instrument

A contract that leads to the creation of a financial asset for one party and results in a financial liability or equity instrument for another party.

Market Risk

The risk that the value of a financial instrument will fluctuate because of changes in foreign exchange rates, market interest rates or some other market prices.

Credit Risk

The risk of loss due to a borrower's failure to make payments on any type of debt.

Liquidity Risk

The risk that an entity will encounter difficulty in meeting obligations associated with financial liabilities.