Using Beliefs to Assess Evidence,rather Than Using Evidence to Draw

question 140

Multiple Choice

Using beliefs to assess evidence,rather than using evidence to draw conclusions,is referred to as

• A) the framing effect.
• B) motivated reasoning.
• C) belief perseverance.
• D) the availability heuristic.

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Definitions:

Corporate Tax Rate

The tax rate imposed on the net income of a corporation by the government.

Tax Shield

The reduction in income taxes that results from taking an allowable deduction from taxable income, such as the interest on debt.

Stand-Alone

Describes something that operates independently or can function without the need for external support.

Bottom-Up

An approach that starts at the most specific, detailed level and works up to a broader perspective, especially in planning and analysis.