Which of the Following Is the Correct Definition of Cognitive

question 63

Multiple Choice

Which of the following is the correct definition of cognitive dissonance?

• A) a state of tension that occurs when a person's behavior does not correspond to the his or her attitude
• B) the tendency for members of a group to avoid taking responsibility for their actions because they assume that others will do so
• C) the tendency for members of a close-knit group to think alike for the sake of harmony and to suppress disagreement
• D) a belief that a statement is true just because the person has heard it repeated over and over again

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Definitions:

Purchase Option

A clause in a contract that allows one party to purchase goods or assets from the other party at a predetermined price within a specified timeframe.

Market Rate of Interest

The prevailing rate at which interest is paid by borrowers for loans or earned by investors in the financial markets.

Face Value

The nominal or original value stated on a security or financial instrument, such as a bond or stock, at the time of its issue.

Interest Rate

The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan amount.