Aronson Argues That Recently Activated or Frequently Activated Concepts Are

question 31

Multiple Choice

Aronson argues that recently activated or frequently activated concepts are more likely to readily come to mind and thus be used in interpreting social events. This phenomenon is called:

• A) context effects
• B) reactance
• C) heuristics
• D) priming

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Definitions:

Natural Rate of Unemployment

The unemployment rate that arises from all sources except fluctuations in the overall demand for goods and services.

Aggregate Demand Curve

A graphical representation showing the total demand for goods and services in an economy at various price levels, generally illustrating an inverse relationship between the price level and the quantity of output demanded.

Long-Run Aggregate Supply Curve

A graphical representation showing an economy's productive capacity and output when all resources are fully employed, assuming no fixed factors of production.

Velocity of Money

The velocity of money measures the rate at which money circulates in the economy, indicating how frequently units of currency are used to purchase domestically-produced goods and services within a given time period.