A Recession Is Commonly Defined as a Period with

question 360

Multiple Choice

A recession is commonly defined as a period with

• A) negative growth rate in real GDP that lasts at least two quarters.
• B) positive growth rate in real GDP that lasts at least two quarters.
• C) positive growth rate in real GDP that lasts at least one quarter.
• D) negative growth rate in real GDP that lasts at least one quarter.

---

Definitions:

Situational Attribution

The process of interpreting someone's behavior as being caused by the situation or environment they are in, rather than their personal disposition.

Stereotype

A widely held but fixed and oversimplified image or idea of a particular type of person or thing, often leading to prejudice and discrimination.

Situational Attributions

The process of attributing a person's behavior to external or situational factors.

Fundamental Attribution Error

The tendency to overemphasize personality-based explanations for behaviors observed in others while underestimating the power of situational influences.