The Recent Large Decline in __________ Has Had a Psychological

question 62

Multiple Choice

The recent large decline in __________ has had a psychological impact on consumers who tend to spend more when they feel their net worth is rising and postpone purchases when it declines.

• A)automobile prices
• B)fuel prices
• C)the number of people competing for jobs
• D)consumer confidence
• E)property values

---

Definitions:

Object Relations

A theory in psychoanalysis focusing on relationships with others and the external and internal objects people relate to, based on early childhood experiences.

Freud

Refers to Sigmund Freud, emphasizing his contributions to the development of psychoanalytic theories and techniques.

Publication Bias

The tendency for journals and researchers to favor positive or significant findings over non-significant or negative results in academic publishing.

Confirmation Bias

The tendency to look for or pay attention only to information that confirms one’s own belief.