According to the Authors of Your Text, What Is One

question 180

Multiple Choice

According to the authors of your text, what is one major danger of engaging in self-justification strategies?

• A) We experience cognitive dissonance.
• B) We will have lower self-esteem.
• C) We can end up becoming prejudiced.
• D) We can fail to learn from our mistakes.

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Definitions:

Frictional Unemployment

Unemployment that occurs when workers are between jobs or are entering the workforce for the first time; it is often seen as a natural and necessary part of a healthy economy.

Seasonal Unemployment

This refers to the phenomenon where individuals temporarily lose their jobs due to changes in the season, common in industries like agriculture or tourism.

Nominal Wage

Nominal wage is the amount of money that an employee receives from an employer as payment for work, without adjusting for inflation.

Real Wage

The purchasing power of wages, taking into account the effects of inflation or deflation, indicating the quantity of goods and services that can be bought.