Favouritism Is to the ______________ as Denigration Is to the ______________

question 97

Multiple Choice

Favouritism is to the ______________ as denigration is to the ______________.

• A)rich; poor
• B)young; old
• C)in-group; out-group
• D)prejudiced; unprejudiced

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Definitions:

Consumer Spending

The sum of expenditures made by all households in an economy on various goods and services.

Investment Spending

Expenditures on physical assets like machinery, buildings, and infrastructure, or on inventory, which are intended to yield productive benefits in the future.

Keynesians

A group of economists who advocate for active government intervention in the economy, especially during recessions, to manage demand through fiscal and monetary policies.

Capitalism

An economic system characterized by private or corporate ownership of capital assets and goods, with the production and pricing of goods determined primarily by competition in a free market.