The Evolutionary Perspective Suggests That Groups Exist Because They

question 114

Multiple Choice

The evolutionary perspective suggests that groups exist because they:

• A)provide feelings of certainty.
• B)have proven important for survival.
• C)promote ingroup bias.
• D)increase entitativity.

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Definitions:

Aggregate Demand

The total amount of goods and services in an economy that will be purchased at all possible price levels in a given period.

Aggregate Supply

Aggregate supply is the total supply of goods and services that firms in a national economy plan to sell during a specific time period, affected by several factors including production costs and labor availability.

Short-Run

A period in economics where at least one input is fixed, usually applied to analyze immediate impacts on the economy.

Money Supply

The full quantification of financial means in an economy at a certain point in time, including tangible currency like coins and notes and virtual balances in checking and savings accounts.