INSTRUCTIONS for Questions 114-119: Match the Type of Disconfirming Response

question 35

Multiple Choice

INSTRUCTIONS for questions 114-119: Match the type of disconfirming response with its behavioral description.
-Vince says, "I'm so tired," and you reply, "Boy, everybody's got problems today."

• A)impervious
• B)tangential
• C)personalized complaining
• D)impersonal
• E)irrelevant

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Definitions:

Inflation

Inflation is the rate at which the general level of prices for goods and services is rising, eroding purchasing power.

Price Level

A measure that reflects the average prices of goods and services in an economy at a given time.

Nominal GDP

The market value of all final goods and services produced in a country in a given period, measured in current prices.

GDP Deflator

An index measuring the change in prices of all new, domestically produced goods and services in an economy.