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Read the following vignette and Answer the subsequent questions to the best of your ability.
Jean's best friend Janet recently got promoted to a management position in the company where they both work. The new job is associated with more pay and prestige at the company. Jean notices that Janet is spending more of her time, on and off the job, with her friends in management. Over dinner, Janet confides that she is really perturbed by the poor behavior of her former colleagues, that they have a bad attitude on the job but she doesn't know how to handle it now that she is their supervisor. Jean and Janet continue to be friends but they don't interact as much at work any more.
-Which social psychological perspective best explains Janet's change in attitudes and behavior after getting promoted to a management position?
Quantity Demanded
The total amount of a good or service that consumers are willing and able to purchase at a given price, holding all else constant.
Consumer Price Index
A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care, typically used to assess inflation.
Inflation Rate
The growth rate in the common price range for goods and services, downgrading the practical purchasing scope.
Money Supply
The aggregate financial assets at a specific time in an economy.
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