What Term Do Psychologists Use to Describe Our Tendency to Search

question 159

Multiple Choice

What term do psychologists use to describe our tendency to search for evidence that supports our belief and to ignore evidence that might disprove it?

• A) confirmation bias
• B) convergent thinking
• C) availability heuristic
• D) representativeness heuristic

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Definitions:

Capital Balances

The amount of money that owners have invested in a business, reflected in the equity section of the balance sheet.

Partners' Capital Statement

A financial statement that shows the changes in the account balances of each partner's equity in a partnership over a period.

Net Income

A company's finalized earnings after all financial obligations, including taxes, have been removed from total income.

Income Sharing

A strategy where an organization's profits are distributed among its employees or other stakeholders.