In a Study Comparing American College Students with Japanese College

question 30

Multiple Choice

In a study comparing American college students with Japanese college students on the Twenty Statements Test (TST) , it was found that

• A) American students fell into the Attributive self-description more than the Japanese.
• B) Japanese students fell into the Attributive self-description more than the Americans.
• C) Both groups were equal on the Attributive self-description scale.
• D) There is no Attributive self-description scale on the TST.

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Definitions:

Interest Rate

The part of a loan that accrues interest for the borrower, customarily denoted as a yearly percentage of the loan's outstanding sum.

Inflationary Premium

The portion of investment returns or interest rates that compensates for expected inflation, protecting the purchasing power of money.

Time Preference

The degree to which individuals value present goods or satisfaction over future goods or satisfaction.

Real Rate

The rate of interest an investor expects to receive after allowing for inflation.