The cognitive dissonance theory proposes that the factors that can mitigate the discomfort caused by dissonance are ________
A) importance, influence, and rewards
B) influence, rewards, and goals
C) importance, goals, and status
D) influence, reinforcement, and rewards
Answer: A
Explanation: The three determining factors for controlling discomfort from cognitive dissonance are importance, influence, and rewards. The other three choices can be eliminated because they all include at least one incorrect determining factor.
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Tran purchased a house for a rental property for $100,000 five years ago. During the time he owned this rental, his net rental income was a total of $4,000. He just sold the property for $120,000. What was his average annual return on this investment?
A) 4.0% B) 4.8% C) 20% D) 24%
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