topic 4 key words

Question 1

Expert Bias

Answer 1

Using an expert from just one side of a debate, meaning that other perspectives are not put forward

Question 2

Libor scandal

Answer 2

The discovery that some banks had manipulated the interest rates that they use when they borrow from and lend to each other.

Question 3

Mass media

Answer 3

TV, radio, newspapers, magazines and online content that are made available to a wide audience.

Question 4

Objective report

Answer 4

A style of journalism that is free from biases, personal views or anything else that attempts to sway people’s thinking in a certain manner. It is purely based on facts.

Question 5

Omission bias

Answer 5

Leaving out facts and opinions that tend to disprove or challenge any claims made.

Question 6

Subjective bias

Answer 6

A report based on personal views and experiences, rather than objective facts.

Question 7

Teaser rate

Answer 7

A very low starter interest rate that makes initial payments affordable,
but which, after a short initial period, increases to a higher rate.