Which of the Following Is an Important Lesson That Can

question 42

Multiple Choice

Which of the following is an important lesson that can be drawn from the experience of the Great Depression?

• A) Frequent shifts in monetary policy can help smooth out unstable economic conditions during a recession.
• B) Trade restrictions can "save jobs" and expand total employment during an economic downturn.
• C) The good intentions of political decision-makers are no substitute for sound policy.
• D) The federal government should always balance its budget during a recession.

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Definitions:

Absolute Threshold

The minimum intensity of a stimulus that one can detect 50% of the time.

Psychophysical Threshold

The minimum level of stimulus intensity needed for detection by sensory systems.

Subliminal Stimuli

Stimuli that are below the threshold of conscious perception, often used in reference to messages that are not consciously detected but can impact behavior.

Selective Perceptions

The cognitive process by which individuals focus attention on particular elements of their environment while ignoring others.