Policy Tools to Influence the Macroeconomy Include

question 102

Multiple Choice

Policy tools to influence the macroeconomy include

• A)Population growth,spending behavior,and invention.
• B)Wars,natural disasters,and trade disruptions.
• C)Tax policy,government spending,and the availability of money.
• D)External shocks and internal market forces.

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Definitions:

Small Request

A technique in persuasion and compliance that involves asking for a minor initial request in hopes of influencing agreement to a larger request.

Stroop Effect

A phenomenon demonstrating the delay in the reaction time of a task when the color of the word does not match the name of the word.

Mentally Ill

A term used to describe individuals who are experiencing psychological disorders or conditions that affect their thinking, feeling, behavior, or mood.

Representativeness Heuristic

A cognitive shortcut that involves making judgments based on how much one event resembles another.