Name and describe three factors that nurture personal biases

What will be an ideal response?


Stereotypes: characterizations that cause people to think of specific images
Symbols: images that carry meaning
Semantics: the sometimes hidden meaning of words
Peer groups: other people's opinions often influence the receiver
Media: can set agendas by creating public awareness

Business

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Suppose that a change in the expected inflation rate leads supply and demand to adjust so that the after-tax expected real interest rate is unchanged at 2.0 percent. The tax rate is 30 percent. Initially, the expected inflation rate is 3.0 percent. If the expected inflation rate falls from 6 percent to 0 percent, the expected real interest rate

A. rises by 1.25 percent. B. rises by 2.5 percent. C. falls by 2.5 percent. D. falls by 1.25 percent.

Business

The product moment correlation is also known as the Pearson correlation coefficient and as ________

A) simple correlation B) bivariate correlation C) correlation coefficient D) all of the above

Business

Huston Company, a manufacturer of office supplies, provides the following financial information

Pen Division Pencil Division Operating income $100,000 $40,000 Net sales $500,000 $150,000 Total assets at Jan. 1 $580,000 $350,000 Total assets at Dec. 31 $610,000 $300,000 Calculate the return on investment for the Pen Division. (Round your answer to two decimal places.) A) 16.81% B) 12.31% C) 17.24% D) 16.39%

Business

Statements by salespersons expressing their opinions about the products they sell constitute express warranties

Indicate whether the statement is true or false

Business