People Basically Borrow in Order to

question 186

Multiple Choice

People basically borrow in order to

• A) go into debt.
• B) have more funds.
• C) have interest payments.
• D) have current consumption rather than waiting to consume in the future.

---

Definitions:

Wilhelm Wundt

Considered the father of experimental psychology, he established the first psychology laboratory in Leipzig, Germany, in 1879.

John B. Watson

An American psychologist who established the psychological school of behaviorism, emphasizing the study of observable behavior.

Brightness

The attribute of visual perception according to which an area appears to emit more or less light.

Mind Functions

Cognitive, affective, and conative processes and activities carried out by the brain, such as thinking, feeling, and willing.