The Essence of the Pygmalion Effect Is That People's Expectations

question 74

True/False

The essence of the Pygmalion effect is that people's expectations determine their behavior or performance,thus serving to make their expectations come true.

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Definitions:

Alternative Investments

Assets that do not fall into the conventional investment categories such as stocks, bonds, and cash, examples include real estate, commodities, and hedge funds.

Opportunity Cost

The loss of potential gain from other alternatives when one alternative is chosen.

Differential Income

The difference in income between two alternatives, used in decision-making processes to determine the best option.

Alternative Use

Refers to the potential other uses or applications of an asset or resource outside its current employment.