Group polarization is best described as the tendency for:
a. people in groups to follow the crowd, and, in some cases, engage in mob behavior.
b. groups to ostracize members who do not agree with them.
c. group discussion to mitigate group opinion; producing less extreme judgment than might be obtained by pooling individuals' views separately.
d. group discussion to intensify group opinion; producing more extreme judgment than might be obtained by pooling individuals' views separately.
d
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Your uncle offers you a stream of payments whose present value, today, is $62,000. There are 15 equal annual payments in the stream. The first payment in the stream occurs seven years from today
If the interest rate is 14%, then what is the value of each payment? A) $22,156.40 B) $19,435.43 C) $25,258.29 D) $28,794.45 E) $10,094.16
Which of the following would increase your liquid assets?
A) Buying a new car B) Making regular deposits to a savings account at your bank C) Buying rental property D) Putting more of your salary in a retirement account