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The textbook describes a cross-cultural experiment in which the wrists of Chinese,Japanese,and American infants were grasped and held immobile to elicit anger responses.To elicit fear responses,the infants were presented with a loud disembodied toy gorilla head whose eyes lit up.What did this study reveal?
Martingale Effect
A theory in probability suggesting that past events do not influence future ones, often discussed in the context of gambling or investment strategies.
Fad Effect
A temporary period of high demand for a certain product or service, often without a basis in the product's qualities or utility.
Liquidity Effect
The impact that changes in the supply of money have on interest rates, typically where an increase in money supply leads to a decrease in interest rates.
Neglected-firm Effect
The phenomenon where lesser-known or less-followed stocks generate higher abnormal returns than their well-followed counterparts.
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