If Your Friend Slims Down, It Increases Your Confidence That

question 51

Multiple Choice

If your friend slims down, it increases your confidence that you can lose weight, too. Which of the following ways of increasing self-efficacy is represented by this example?

• A) enactive mastery
• B) vicarious modeling
• C) arousal
• D) verbal persuasion
• E) focused training

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Definitions:

Loanable Funds

The total funds available from savers for borrowing in the financial markets, used for investments, purchasing goods, or other purposes.

Private Investment

Spending by businesses or individuals on capital goods, such as factories, machinery, and homes, which is used to produce goods or services.

Demand For Loanable Funds

The total quantity of loans that borrowers are willing to take out at various interest rates, holding all else equal.

Equilibrium Interest Rate

The interest rate at which the quantity of loanable funds demanded equals the quantity supplied, leading to a balance in the money market.