Dr.Alvarado asked college students in a survey if they were more or less likely to go deeply into debt with high-interest credit cards.Most students answered that they would be less likely to go deeply into debt.This best illustrates

Question

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The answer is self-serving bias because the students are likely giving a biased response that reflects positively on themselves. They want to believe that they have better financial management skills and are less likely to fall into debt, even though this may not be true for all students.

DrAlvarado Asked College Students in a Survey If They Were