ECONOMICS

Detailed explanation-1: -Answer and Explanation: The answer is c) selective perception. It is simply easier to identify things that we are familiar with because of our relationship to them.

Detailed explanation-2: -An example of selective perception is the placebo effect, where beliefs change perception.

Detailed explanation-3: -e) Selective perception is the tendency to single out those aspects of a situation, person, or object that are consistent with one’s own needs, values, or attitudes.

Detailed explanation-4: -A common halo effect example is attractiveness, and the tendency to assign positive qualities to an attractive person. For example, you might see a physically beautiful person and assume they are generous, smart, or trustworthy.