Which of the Following Statements Describes a Possible Self- Fulfilling

question 26

Multiple Choice

Which of the following statements describes a possible self- fulfilling prophesy in the short run involving households' behaviour? A belief of an impending recession leads households

• A)to increase their registration in post- secondary institutions to reduce their risk of being unemployed.
• B)to increase their desired saving.
• C)to increase their desired consumption.
• D)to decrease their desired saving.
• E)to increase the autonomous portion of their desired consumption..

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Definitions:

Professional Activities

Tasks or duties performed as part of one's occupation or career, often requiring specialized knowledge or training.

Applied Research

Research aimed at solving practical problems rather than acquiring knowledge for knowledge's sake.

Basic Research

Research aimed at gaining a more comprehensive understanding of fundamental principles and theories.

Practical Problems

Issues or challenges that arise in everyday life or during the course of work that require solutions through practical means.