If a Person Does Not Know Anything About a Proposed

question 13

Multiple Choice

If a person does not know anything about a proposed piece of legislation but supports it because Barack Obama endorsed it,we would say the person

• A) fell prey to the illusion of saliency.
• B) was an example of the bandwagon effect.
• C) committed a sampling error.
• D) was an example of the bellwether effect.
• E) reached his or her decision through the use of an informational shortcut.

---

Definitions:

Inventory Turnover

A ratio showing how many times a company has sold and replaced inventory over a given period, indicating efficiency in inventory management.

Equity Multiplier

A financial ratio that measures a company's leverage by dividing total assets by total shareholders' equity.

Year 2

Refers to the second year in a given context, often used in financial and performance analysis.

Equity Multiplier

A ratio showing the comparative use of debt versus shareholders' equity in funding a company's assets.