The _____ Represents One's Tendency to Take More Personal Responsibility

question 39

Multiple Choice

The _____ represents one's tendency to take more personal responsibility for success than for failure.

• A) self-serving bias
• B) glass ceiling
• C) contrast effect
• D) fundamental attribution bias
• E) recency effect

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Definitions:

Reserve Requirement

A regulation set by central banks determining the minimum amount of reserves that must be held by commercial banks, intended to ensure bank liquidity and stability.

Deposits

Deposits are funds placed into an account at a financial institution, often earning interest over time.

Loans

Money, goods, or services given to an individual or entity with the expectation of a future repayment, typically with interest.

Reserve Requirement

A central bank regulation that sets the minimum fraction of customer deposits and notes that each commercial bank must hold as reserves rather than lend out.