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Lady_Fox [76]
3 years ago
13

Gerardo believes that every time he picks up a penny he is blessed with good fortune, since the last time he picked up a penny h

e had a lottery win, and the time before that he got a big bonus at work. Gerardo's perception is likely a product of a(n) ________.
A) self-serving bias
B) high-positive affect
C) emotional dimensions
D) affect intensity
E) illusory correlation
Business
2 answers:
NeTakaya3 years ago
5 0

Answer:

The correct answer is letter "E": illusory correlation.

Explanation:

Illusory correlations are thoughts that relate events to certain causes that actually do not have anything to do with each other. These are subjective beliefs people tend to create based on ideas widely spread in their surrounding environment or to attribute a reason for facts they do not know how to explain.

ipn [44]3 years ago
3 0

Answer:

E) illusory correlation

Explanation:

An illusory correlation happens when someone mistakenly believes that the occurrence of one event will result in the occurrence of other unrelated events.

Psychologically every single one of us tends to create a relationship between unrelated events, but some simply go one step ahead and deeply believe in a strict cause-effect relationship.

For example, a lot of people tend to create a relationship between very beautiful women and not being smart. While being pretty has nothing to do with being intelligent. I've met beautiful women that are extremely smart and very capable at work, while other not beautiful women are simply the opposite.

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Katie just turned 25 today. By her 60th birthday she would like to have $1,000,000 saved. She plans to invest equal annual payme
AlexFokin [52]

Answer:

The correct option is b. $6,304.11.

Explanation:

This can be calculated using the formula for calculating the Future Value (FV) of an Ordinary Annuity as follows:

FV = M * (((1 + r)^n - 1) / r) ................................. (1)

Where,

FV = Future value or the amount to have on her 60th birthday = $1,000,000

M = Annual payment or amount she needs to invest each year = ?

r = Interest rate = 8%, or 0.08

n = number of years beginning with her 27th birthday and ending on her 60th birthday = 60 - 27 + 1 = 34

Substituting the values into equation (1) and solve for M, we have:

$1,000,000 = M * (((1 + 0,08)^34 - 1) / 0.08)

$1,000,000 = M * 158.626670073155

M = $1,000,000 / 158.626670073155

M = $6,304.11014452251

Rounding to 2 decimal places, we have:

M = $6,304.11

This implies Katie needs to invest $6,304.11 each year to have exactly $1,000,000 by her 60th birthday.

Therefore, the correct option is b. $6,304.11.

4 0
3 years ago
Assume that a national restaurant firm called BBQ builds 15 new restaurants at a cost of $1 million per restaurant. It outfits e
MatroZZZ [7]

Answer:

a) 19.5 million

b) $10.5 million

Explanation:

a) Since BBQ builds 15 new restaurants at a cost of $1 million per restaurant, The total cost for building restaurants = 15 × $1 million = $15 million

BBQ spends $300000 on equipment and furnishings for each restaurant. Therefore, total money spent on equipment and furnishings = $300000 × 15 = $4.5 million

The amount of Economic investments = The total cost for building restaurants + total money spent on equipment and furnishings = $15 million + $4.5 million = $19.5 million

b)  BBQ issues and sells 300,000 shares of stock at $35 per share.

Therefore, the purely financial investment = $35 per share × 300000 shares = $10.5 million

7 0
3 years ago
By promoting transparency, the government can improve
Dvinal [7]

Answer:

Option c. is correct

Explanation:

By promoting transparency, the government can improve market efficiency.

The government should be transparent as transparency will also strengthen the democracy and effectiveness in Government. Openness provides information to the citizens about what their Government is doing for them.

Option c. is correct

7 0
3 years ago
Write a paragraph in no more then 100 words. Do you think it's right to let animals work for human ?​
valina [46]

Answer:

Animal rights is the philosophy according to which some, or all, animals are entitled to the possession of their own existence and that their most basic interests—such as the need to avoid suffering—should be afforded the same consideration as similar interests of human beings.That is, some species of animals haveOn the one hand, a group of people believe that mankind does not have the rights to exploit animals, as they are also living creatures. It is true that animals live by following their instinct, but they have the same feeling as human beings, therefore it would not be fair for mankind to exploit them. In several cases, it has been reported that some of the cows had cried before they were slaughtered in the slaughterhouse, which means that they also had the same feeling as human beings. In another reported cases, some of the animals was treated poorly by their masters, though they had been exploited heavily and made them sick or injured. the right to be treated as individuals, with their own desires and needs, rather than as unfeeling property.

Explanation:

it has become a debatable topic about the exploitation of animals by mankind. Some people believed that animals should not be exploited and should be treated fairly by human beings. In contrast, others think animals should be utilised to assist humans in various kinds of ways, such as the source of food or for medical testing. The following essay will discuss both views in details, but in my opinion, I believe that animals can be used as the source of food or to assist human beings in the proportionate way and human should treat them properly.

8 0
3 years ago
Read 2 more answers
As the chief financial officer (CFO), you identify that your firm needs to raise additional funds by selling new shares of stock
const2013 [10]

Answer:A) an investment banker

Explanation: An investment banker is an individual who often works as part of a financial institution and is primarily concerned with raising capital for corporations, governments, or other entities.

3 0
4 years ago
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