All of the Following Are Examples of Informational Social Influence

question 51

Multiple Choice

All of the following are examples of informational social influence except :

• A) You are running a race, and you wait to check which of two roads the other runners follow.
• B) You've just started work at a new job, and a fire alarm goes off. You watch your coworkers to see what to do.
• C) You ask your advisor which classes you should take next semester.
• D) You decide to lose weight, because the people you see on the covers of popular magazines are thinner than you are and you want people to like you more.

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Definitions:

Market-Oriented Economy

An economic system where decision-making and investment are determined by the signals from markets rather than by central planning by the government.

Monetary Transactions

Financial activities involving the transfer of money from one party to another, can include both domestic and international transactions.

Final Goods

Products or goods that are ready for sale to the end consumer and will not be transformed into another product.

Economy

The system by which goods and services are produced, distributed, and consumed in a society.