Stanley Milgram's Study of Obedience Demonstrated That People Will Obey

question 156

True/False

Stanley Milgram's study of obedience demonstrated that people will obey authority to an unreasonable extreme, even hurting someone.

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Definitions:

Financial Markets

Banks and other financial institutions that facilitate the flow of funds from savers to borrowers.

Discount Rate

The interest rate set by central banks that they charge commercial banks for loans and advances, influencing monetary conditions and economic indicators like inflation and investment.

Government Securities

Financial instruments issued by a government to borrow money from investors, often with a promise to pay periodic interest and repay the principal at maturity.

Fed Regulations

Fed regulations are rules set by the Federal Reserve, the central bank of the United States, to govern the practices of financial institutions, aiming at ensuring stability and transparency in the financial system.