When One Positive Personal Trait Is Used to Develop a Favorable

question 30

Multiple Choice

When one positive personal trait is used to develop a favorable overall impression on a person it is known as ________.

• A)the moderating effect
• B)the halo effect
• C)the value modifier
• D)categorizing

Distinguish between different forms of third-party reproduction.

Grasp the concept of pharming and its applications.

Understand the ethical and social difficulties surrounding reproductive technologies.

Describe characteristics of the "new breed" of single mothers by choice.

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Definitions:

Rational Expectations

The hypothesis that forecasts of future values of economically relevant variables are based on all available information and are therefore optimal.

Keynesians

Followers and theorists of Keynesian economics, which emphasizes the need for government intervention in economies to manage output and demand through fiscal and monetary policies.

Classical School

A school of economic thought that emphasizes the importance of free markets, competition, and the self-regulating nature of economies.

Monetarists

Economists convinced that fluctuations in the money supply play a crucial role in influencing short-term national output and affect price levels over the long term.