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Recall the Application About How to Estimate the Shifts in the Natural

question 71

Multiple Choice

Recall the Application about how to estimate the shifts in the natural rate of unemployment to answer the following question(s) .
-According to the Application, the natural rate of unemployment in the United States was approximately 5 percent in the mid 1960s, ________ in the late 1970s and early 1980s, and ________ in the late 1980s until the year 2000.


Definitions:

Situational Attribution

The process of interpreting someone's behavior as being caused by the situation or environment they are in, rather than their personal disposition.

Stereotype

A widely held but fixed and oversimplified image or idea of a particular type of person or thing, often leading to prejudice and discrimination.

Situational Attributions

The process of attributing a person's behavior to external or situational factors.

Fundamental Attribution Error

The tendency to overemphasize personality-based explanations for behaviors observed in others while underestimating the power of situational influences.

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