The Cognitive Distortion That Involves Portraying One's Identity on the Basis

question 64

Multiple Choice

The cognitive distortion that involves portraying one's identity on the basis of imperfections and mistakes made in the past and allowing them to define one's true identity is:

• A) labelling and mislabelling.
• B) overgeneralisation.
• C) arbitrary inferences.
• D) personalisation.

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Definitions:

Monetarist

An economist who believes that variations in the money supply are the main source of economic fluctuations.

Nominal Rate

The interest rate before adjustments for inflation, as opposed to the real interest rate which is adjusted.

Money Supply

The total amount of money available within an economy, including cash, coins, and balances in bank accounts, which can affect inflation, interest rates, and economic growth.

Discretionary Aggregate Demand

Demand for goods and services in the economy that is influenced by government policy decisions, beyond automatic stabilizers.