The correct answer would be, Mental Set.
Charlie's shortsightedness best illustrates the consequences of Mental Set.
Explanation:
In Psychology, a mental set is basically a framework. This framework is for thinking about the problem. The mental state can be shaped either by:
Mental set used to solve a problem in the right manner will lead to creativity and problem solving proficiency but using it in a wrong manner will lead to the creation of problems.
As given in the example in this question, Charlie used to cheat in exams when he was in prior classes, but now as he proceeds to the next classes, it has not become easy for him to cheat easily, but he started to find out other ways to cheat which would not be difficult for him. So this is the mental set of Charlie, that he will cheat rather than studying hard, and for this mental set, he would do wrong things.
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What producers consider labor to be is SERVICE. When we define service, service is any action that is considered valuable both to the producers and the consumers. This serves as the medium between the two. What the producers produce are being distributed to the consumers through different types of services or labor. Hope this helps.
Answer:
$90; $900
Explanation:
The bank's excess reserves have increased by _$90__ and, if the bank lends all excess reserves, the money supply could eventually grow by as much as __ $900.
The money multiplier is equal to: 1 divided by the reserve ratio (10%).
Globalization allows companies to find lower-cost ways to produce their products. It also increases global competition, which drives prices down and creates a larger variety of choices for consumers. Lowered costs help people in both developing and already-developed countries live better on less money.
Answer:
Facts. (Facts are statements that can be relied on with a fair amount of certainty (most things are not absolutely certain in the business world) and can be observed objectively.)
Explanation:
