Economic Fluctuations

question 91

Multiple Choice

Economic fluctuations:

• A)are linked,but not perfectly synchronized,across countries.
• B)are perfectly synchronized across countries.
• C)in one country are independent of fluctuations in other countries.
• D)in the United States always occur after fluctuations in other developed economies.
• E)in the United States usually occur before fluctuations in other developed economies.

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Definitions:

Altruism

The selfless concern for the well-being of others, often leading to actions for their benefit without personal gain.

Deindividuation

A psychological state characterized by reduced self-awareness and diminished social identity, leading to uninhibited and impulsive behavior, often in group settings.

Bystander Effect

A social psychological phenomenon where individuals are less likely to offer help to a victim when other people are present, often due to the diffusion of responsibility.

Just-world Phenomenon

The belief that the world is fundamentally fair, leading people to rationalize an unjust situation as deserved by the victim.