Determinants of Macro Performance Work on Macro Outcomes Through

question 98

Multiple Choice

Determinants of macro performance work on macro outcomes through

• A)Aggregate supply and demand.
• B)International balances.
• C)External shocks.
• D)Internal market forces.

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Definitions:

Cognitive Dissonance

A psychological phenomenon where an individual experiences discomfort from holding two or more contradictory beliefs, values, or ideas simultaneously.

Groupthink

A mental effect that happens among a group when their preference for agreement or uniformity leads to illogical or ineffective choices being made.

Normative Social Influence

The influence of others that leads us to conform in order to be liked and accepted by them.

Dress Code

A set of rules or guidelines specifying the expected manner of dress within a particular context, such as workplaces or schools.