Warren Showed That When a Cough Sound Replaced the Sound

question 29

Multiple Choice

 Warren showed that when a cough sound replaced the sound of the first /s/ in the word "legislatures," listeners reported hearing _____.

• A) just the cough sound where the /s/ was originally
• B) just the cough sound because it masked the whole word
• C) just the /s/ sound
• D) the cough and the /s/ sound, but the cough position was not correctly identified

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Definitions:

Disposition of Earnings

Decisions made by a company regarding the allocation of its net income, including dividends distribution and retained earnings.

Cash Payment

A transaction in which money (in the form of cash) is given by one party to another in exchange for goods, services, or to settle a debt.

Signaling Effect

The phenomenon where actions by a company provide clues or signals to the market about its potential performance or financial health.

Dividend Policy

A company's stance on distributing earnings back to shareholders through dividends, including considerations on the timing and amount of those dividends.