Inflation and Unemployment

question 125

Multiple Choice

Inflation and unemployment

• A) are the focus of normative economics.
• B) are a focus of microeconomics.
• C) are a focus of positive economics.
• D) are a focus of macroeconomics.

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Definitions:

Theory of Planned Behavior

A psychological theory that posits intention toward behavior, subjective norms, and perceived behavioral control, together shape an individual's behavioral intentions and behaviors.

Theory of Planned Behavior

A psychological theory proposing that an individual's intention to engage in a behavior is influenced by attitudes towards the behavior, subjective norms, and perceived behavioral control.

Regulatory Focus Theory

A theory suggesting that people approach goals in two ways: promotion focus (striving for gains) and prevention focus (avoiding losses), affecting motivation and behavior.

Terror Management Theory

A psychological theory suggesting that fear of death motivates humans to adopt cultural beliefs and behaviors that help to manage this fear.