According to Moscovici, When a Member of a Minority Influences

question 32

Multiple Choice

According to Moscovici, when a member of a minority influences a private change in the attitudes of the majority, it is called a ________ effect.

• A) persuasion
• B) regression
• C) capitulation
• D) conversion

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Definitions:

Contractionary Monetary Policy

A form of monetary policy that aims to reduce the rate of monetary expansion to tackle inflation, often by increasing interest rates.

Aggregate Demand

All-encompassing demand for goods and services within an economic framework, fixed at a particular price point and time frame.

Interest Rates

represent the cost of borrowing money or the return on savings, playing a crucial role in influencing economic activity and financial decisions.

Planned Investment

The expenditure by businesses on capital goods that are intended to increase their productive capacity in the future.