One of the Most Difficult and Important Aspects of Conflict

question 61

Multiple Choice

One of the most difficult and important aspects of conflict resolution is

• A) Explaining what you want
• B) Listening to what the other person wants
• C) Accurately defining the conflict
• D) Accurate perspective-taking

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Definitions:

Classical Economists

Economists from the 18th and 19th centuries who advocated for free markets, minimal government intervention, and believed in the theory of self-regulating economies.

Quantity of Money

The total amount of money in circulation or in existence within an economy at a given time.

Interest Rate

The price, in terms of a percentage of the principal, a borrower incurs from a lender to utilize assets.

Hyperinflation

Runaway inflation; in the United States, double-digit inflation.