In Terms of Inflation,the Period from the Mid-1980s Until Today

question 14

Multiple Choice

In terms of inflation,the period from the mid-1980s until today in the United States is called the "Great Moderation." This refers to the fact that

• A) the hyperinflation rates of 100 percent or more experienced during the 1960s,1970s,and 1980s have been replaced by moderate rates of inflation averaging about 12 percent.
• B) the inflation of the 1960s,1970s,and early 1980s has been replaced by deflation.
• C) the deflation of the 1960s,1970s,and early 1980s has been replaced by moderate inflation (under 10 percent).
• D) the double-digit inflation of the 1970s and 1980s has been replaced by well-controlled inflation of less than 10 percent.
• E) inflation now fluctuates between 0 percent and 20 percent,whereas in the 1970s and 1980s,it fluctuated more wildly and at higher rates.

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Definitions:

Free Association

A psychoanalytic technique where patients are encouraged to verbalize thoughts as freely as they occur, without censorship.

Psychodynamic Therapists

Mental health professionals who engage in therapies rooted in psychoanalytic theories, focusing on unconscious processes as they are manifested in a person's present behavior.

Psychodynamic Perspective

A view in psychology that emphasizes systematic study of the psychological forces underlying human behavior, feelings, and emotions and how they might relate to early experience.

Behaviorism

A theory of learning based on the idea that all behaviors are acquired through conditioning, emphasizing the role of environmental factors in shaping behavior.